Comment l'utiliser
- Use the formula below with your own figures.
La formule
Pay smallest balances first for momentum.
Exemple concret
Clearing a small card first frees its payment to attack the next debt.
Questions fréquentes
Snowball vs avalanche?
Snowball targets small balances; avalanche targets high rates.
Which is faster?
Avalanche saves more interest; snowball can be easier to stick with.
Conseils
- Pay more than the minimum — it changes payoff dramatically.
- Attack the highest-rate balance first to save the most.
- Stop adding new charges while you pay debt down.
Termes clés
- Minimum payment
- The smallest amount due each period.
- Utilization
- Balances divided by credit limits.
- Consolidation
- Combining debts into one loan.