A new calculator on the internet that gives advice on how to pay off your car loan is being widely hailed as the next step in the battle against the scourge of the car loan.
It was developed by the charity Care.com, which says it is the world’s first self-pay calculator, and aims to make it easy for people to pay their bills using the phone.
The calculator, called Care.
Com’s car loan calculator , will be available on the website on Friday.
“We are pleased to have launched Care.COM’s car phone holder and car loan holder calculators,” said Care.
Co-Founder Peter Staley.
I believe the calculator will help people pay their debts and get on with their lives, Mr Staley said.
Mr Staley told BBC News that the calculator is not just about getting on with the life, it is also about getting the debt off their credit card, so they can be better prepared to pay down the debt when it arises.
“When people make a mistake, they have to take responsibility and they have got to be honest with themselves,” he said.
“We’ve got to take a long hard look at our personal finances.”‘
A shame’ The calculator can be used for paying off your student loan, car loan or other debts using a credit card.
Its features include: How much will it cost to pay your car and mortgage?