Step 1:
Make a list of all your debts and include:
- Total amount (balance) you owe
- Minimum monthly payment
- Annual percentage rate (APR) of interest
Step 2:
Download the Debt Pay-Off Plan.
Final Thoughts
We generally recommend you use the Debt Snowball Method to pay off your debts. It provides quick wins as you pay off small debts first and see the effect quickly.