How much credit card interest are you paying?
Our mission
At finofr, our goal is to bring awareness to the truth about credit card interest. 40% of Americans hold a balance on their credit card and are unable to pay off their credit card bill in full every month. Many people can only make the minimum credit card payments. A finofr personal loan can get you out of debt faster with less interest.
We have created a tool, not only to wake people up to the detrimental interest payments, but also give them a better option to get out of debt faster through a debt consolidation loan.
Financial Wellness Tool
Check out this Bull-malarkey
Interest paid on a $5,525.00 balance with a monthly payment of $110.50 for a credit card compared to a personal loan.
These calculations are based on a credit card interest rate of 20.45% vs a personal loan interest rate of 9.32% (these interest rates are the industry average for good credit).
Traditional Credit Card Repayment
$5,525.00
Total Balance
$110.50
Monthly Payment
50 years
Time to pay off balance
$25,147.00
Total Interest Paid
Personal Loan
Repayment
$5,525.00
Total Balance
$110.50
Monthly Payment
Time to pay off balance
5 years
Total Interest Paid
$1,512.00
The finofr way
™
Can't pay off your credit card in full? Pay it off with your personal loan and save thousands of dollars.
the
finofr way
milk the system
™
Step 1
Pre-Qualification
Get pre-qualified to see your loan options and personalized credit limit to get started on bettering your financial life.
Step 2
Debt Consolidation
Open a personal loan to consolidate any outstanding debt to a lower rate to avoid the high-interest rates.
Step 3
Debt Free!
Improve your financial wellness one payment at a time and you'll be debt free sooner than you think!
Join the Herd
1660 International Drive,
Ste 600
Mclean, VA 22102
United States