Snowball vs avalanche: a worked example
The same three debts, the same £200 extra a month, two different orders. Here's exactly how the debt snowball and debt avalanche compare in time, interest and quick wins.
Read this guideA clearer way through the numbers.
Plain-English guides for choosing a payoff approach, understanding your projections, and building a plan you can keep using.
A useful place to begin.
More guides to read.
How to pay off your mortgage faster (UK guide)
Overpaying your mortgage by even £100 a month can cut years off your term and save tens of thousands in interest. Here's how it works in the UK, and when it's not the right move.
Debt management plan vs IVA: what's the difference?
A debt management plan and an IVA both turn your debts into one affordable monthly payment, but they work very differently. Here's a plain-English comparison and where to get free advice.