One of the most important parts of managing your finances is avoiding bad debt. Debt can arise from a number of sources, and there may be many good reasons for taking it on for a while, but it’s crucial not to let it linger too long. The longer it takes to pay off, the more you spend in the long run.
At Blackhawk Bank, we help our customers achieve full financial health. One way we help is by providing free access to a collection of financial calculators. These simple, Web-based tools can give you true clarity on your debt situation, which will make it easier for you to curb debt faster.
We offer the following credit card and debt calculators:
Managing Debt Calculator
Our Managing Debt Calculator gives you the debt calculator payoff information you’ve been looking for. Simply by entering your debt and payment information, you have the chance to see how long it will take to completely eliminate your debt at your current rates. This can give you insight into how much you would have to pay to be free of debt within a certain timeframe.
Student Loan Consolidation & Payoff Calculator
Millions of people around the U.S. struggle with a tremendous burden of student debt. To reduce the time it takes to pay these debts, it can be wise to consolidate them into a single loan. A consolidation loan provides you with a single payment and one interest rate across all of your loans. Our Student Loan Calculator helps determine whether consolidating these loans will help you pay off other debts.
Personal Debt Consolidation Calculator
If you’ve ever used a debt-to-income calculator or wondered how to calculate debt-to-income ratio, you probably know that reducing personal debt makes a huge difference. With our Personal Debt Consolidation Calculator , you can see at a glance how much you stand to save if you consolidate all your personal debts not related to education.
Credit Card Payoff Calculator
If you pay off credit card debt, you’ll have the chance to invest in other areas of your life sooner. You can use our Credit Card Payoff Calculator by entering your credit balances, interest rate, fees and monthly payments. Include a payoff goal and you’ll see how much more you would need to invest on a monthly basis to hit your target.
At Blackhawk Bank, we offer personal loans and credit cards that will help you reach your finance goals. In addition to comprehensive personal and business banking services, you’ll get the advice you need for the life you want.
Visit one of our banking centers or contact us today . Let us help you find the right solution for your needs.