Avalanche
Pay extra toward the highest interest rate while maintaining every minimum payment. This usually minimises interest.
Snowball
Pay extra toward the smallest balance. Early account closures can create motivation.
The best method is the one you will follow consistently.
Protect the plan
- Keep a starter emergency buffer.
- Stop adding new revolving debt where possible.
- Redirect each cleared minimum payment to the next balance.
Next step
Turn the lesson into action
Use the connected calculator, then save or download the matching worksheet so the decision is not lost.