Credit Card Payoff Strategy

The real goal is to stop the cycle

Paying down cards helps, but the bigger win is preventing new balances from replacing the old ones. That usually means protecting cash flow and attacking the debt at the same time.

Avalanche vs. snowball

The avalanche method pays the highest APR first and usually saves the most interest. The snowball method pays the smallest balance first and can build motivation by creating quick wins.

When each method fits

• Choose avalanche when interest cost is the main enemy
• Choose snowball when motivation and momentum are the weak spot
• Keep minimums current on every card
• Do not drain the emergency fund to zero
• Use extra payments only when the month can absorb them

Use the payoff tools

Start with the debt payoff calculator for one balance, then use the debt payoff planner to compare multiple debts.

The next move

List every balance, APR, and minimum payment. Pick the first target, automate minimums, and send every planned extra dollar to that target until it is gone.