Credit
How much can I save by paying off debt?
Quick Answer
Paying off $20,000 in credit card debt at 22% APR saves about $4,400 per year in interest — a guaranteed 22% after-tax return that beats virtually every investment available to a retail investor.
Warren Team
Updated April 26, 2026
33
Warren Team
Updated April 26, 2026
33
Important Disclaimer:
The information provided is for educational purposes only and should not be considered as personalized financial advice. Warren is a registered investment advisor. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making investment decisions.
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