PRIVATE-BY-DESIGN MEMBER TOOL

Credit Card Payoff Strategist

Turn balances, interest rates and billing dates into a prioritized payoff plan with clear monthly actions and estimated interest savings.

FIXIT FINANCIAL · MEMBER STRATEGY LAB

Build the plan. Follow the cycle. Watch the balance fall.

Use the Interest Saver method to prioritize the highest APR, or compare it with Quick Wins. Minimum payments remain active on every card while extra money rolls to the next target after a payoff.

Remember this plan on this device

STEP 1

Add each credit card

No account numbers

Card nickname Current balance $ Purchase APR % Minimum payment $ Credit limit optional $ Payment due day Statement closing day

Import statement or photo

Supported: PDF, JPG, PNG or WEBP up to 12 MB. Detected values are placed in a review screen before being added.

STEP 2

Set your monthly attack

Total monthly card budget $ Payoff method Plan begins

Automatic rollover is on.When a card is paid off, its payment capacity moves to the next target in the following month.

YOUR CARD INVENTORY

Balances and priorities

0 cards

Priority	Card	Balance	APR	Minimum	Utilization	Status
Add a card or import a statement to begin.

DEBT-FREE ESTIMATE——

ESTIMATED INTEREST—With the selected strategy

ESTIMATED INTEREST SAVED—Compared with entered minimums only

PAYOFF TIME SAVED—Estimated months

PROJECTED BALANCE

Your payoff trajectory

Your planMinimum-only estimate

NEXT BEST ACTION

Payment order

MONTH-BY-MONTH ROADMAP

Payment timeline

Month	Starting debt	Payment	Interest	Principal	Ending debt	Milestone

THE CLEAN CARD CYCLE

Two dates. Two different jobs.

The due date protects payment history and may preserve a purchase grace period. The statement closing date ends the billing cycle and often influences the balance shown on the next statement. Issuer reporting dates vary, so closing-date guidance is an estimate—not a score promise.

Protect the due date

Schedule at least the required minimum early enough to be received on time. If a grace period applies and you are not carrying a balance, paying the statement balance in full by the due date may avoid purchase interest.

Reduce interest earlier

When carrying a balance, many issuers calculate interest daily. A payment made earlier can reduce the balance used in later daily-interest calculations.

Plan around closing

If lower reported utilization is a goal, consider an additional payment several days before the statement closes so it has time to post. Confirm your issuer’s reporting practices.

NEXT CYCLE

Card-by-card calendar

Card	Suggested early-pay date	Statement closes	Payment due	Cycle action
Add cards with due and closing dates to create the cycle calendar.

Educational basis: CFPB guidance explains that a grace period generally runs between the end of a billing cycle and the payment due date, and that many issuers calculate interest daily. Always follow the terms on the individual card statement.

CONSOLIDATION DECISION LAB

A lower payment is not automatically a lower cost.

Compare the offered APR, term and fees against your current payoff plan. A consolidation loan may be worth reviewing when the all-in cost is lower, the payment fits your budget and the loan does not create unacceptable collateral risk.

ENTER THE OFFER

Proposed consolidation loan

Loan APR % Loan term Origination fee % Fee is financed into the loan The loan is secured by my home or other collateral I have a realistic plan to avoid rebuilding card balances

Add cards to compare

Your personalized comparison will appear here.

ESTIMATED PAYMENT—

LOAN TOTAL COST—

VERSUS CARD PLAN—

Enter cards and build a payoff plan before comparing a loan.

Potentially useful when

The APR and all fees produce a lower total cost, the fixed payment is affordable, the term is not unnecessarily long and card balances will not be rebuilt.

Use caution when

The offer stretches repayment, adds substantial fees, uses a home as collateral, includes a variable rate or creates a payment that strains essential expenses and emergency savings.

PRIVACY & CALCULATION METHOD

Transparent by design.

This tool is built for education and planning. It does not connect to bank accounts, make payments, provide lending decisions or guarantee credit-score changes.

LOCAL

Statement reading

Selected files are read in the browser with locally hosted PDF and OCR components. Raw files and recognized statement text are not submitted to the WordPress server. OCR can be wrong, so every detected field requires your review.

ESTIMATE

Interest calculation

Projections use the entered purchase APR and an estimated monthly periodic rate. Actual interest may use average daily balances, multiple APR categories, promotional rates, fees and issuer-specific rules.

ROLLOVER

Payoff calculation

Every active card receives its entered minimum. Remaining budget goes to the selected priority. After payoff, that capacity stays in the monthly budget and moves to the next card.

CONTROL

Device storage

By default, plan data lasts only for the current browser session. “Remember this plan” saves entered values in this browser’s local storage. Use Clear Tool Data before leaving a shared device.

Important:

Estimates are educational and are not legal, tax, accounting, investment or individualized lending advice. Confirm balances, APR categories, minimums, fees, grace-period terms, due dates and posting times directly with each issuer. If payments are unaffordable, contact creditors promptly or consider a reputable nonprofit credit counselor.

TRUSTED EDUCATIONAL FOUNDATION

Built around responsible repayment guidance.

For additional consumer education, review the CFPB’s resources on reducing debt, credit-card interest, grace periods and consolidation risks.

Review CFPB debt strategies →