Debt Payoff Strategies

Snowball

Pay extra towards your smallest debt first, then add that amount to your payment on the next smallest one, and so on.

You'll likely hit a payoff date sooner, but may end up paying more interest in the long-run.

You can read more about the Snowball strategy here.

Avalanche

Pay extra towards your higest-interest debt first, then add that amount to your payment on the next highest one, and so on.

You may not pay off a debt for a longer time, but you should pay less interest overall.

You can read more about the Avalanche strategy here.

Custom Pro

If the snowball or avalanche strategies aren't quite right for you, a custom order can be added to your debts to control the order you want to apply your chosen snowball amount.

This feature is exclusive Pro users.

See more about Drift's Pro features here.