Use this calculator to determine your best debt payoff plan More resources to help you eliminate debt: Guide to paying off credit card debt Debt 101: Good vs. bad, the dangers & how to protect ...

The snowball method is the best way to pay down your debt. If you’re skeptical and want to see how it will work, this spreadsheet will calculate exactly how long it will take to be debt free.

Credit card debt is one of the most difficult financial hurdles to overcome — so most people just simply ignore it.