Consumers these days can be drowning in debt. The education system doesn't prepare you for credit management and as a result, many consumers find it hard to visualize the true cost of carrying debt.
The real damage calculates the true cost of a purchase using your own unique financial situation. Unlike most debt calculators, we don't show how much something will cost if you carry the balance on your credit card. We show you how much you'd save if you never purchased the item in the first place, and instead used the money to pay down your debt. Reverse the logic, and what we end up with is the amount that purchase truly costs you.
