Find your method
Answer a few practical questions about motivation, interest costs and payment consistency. The result points toward avalanche, snowball or a hybrid approach.
Take the debt-method quizCanadian debt action hub
Choose a payoff method you can keep using.
The mathematically fastest method is not always the plan a person can sustain. Start with the short fit check, compare the trade-offs, then model the time and interest cost of a monthly payment.
Pick your starting point
Compare the methods
See how avalanche and snowball ordering differ, where each can help, and which information to collect before building a repayment plan.
Read the Canadian comparisonModel payment cost and time
Estimate how long a Canadian credit-card balance may take to repay, the approximate interest cost, and how an extra $50 or $100 monthly could change the result.
Use the payoff calculatorA simple way to start today
- List each balance, interest rate, minimum payment and due date using your latest statements.
- Protect every minimum payment before directing extra money to one chosen balance.
- Choose an ordering rule you understand and can follow consistently.
- Review the plan after a rate change, income disruption or missed payment instead of silently abandoning it.