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Step 2 of 11 · Pay Off Debt With the Avalanche Method

Capture APR and minimum correctly

Capture APR and minimum correctly — step 2 of 11 in Pay Off Debt With the Avalanche Method. Use the statement APR (purchase APR). If you have a promo rate, note the end date and the go-to rate.

Capture APR and minimum correctly — step 2 photo from Pay Off Debt With the Avalanche Method

Free personal finance tip: Capture APR and minimum correctly (step 2 of 11 from "Pay Off Debt With the Avalanche Method").

Use the statement APR (purchase APR). If you have a promo rate, note the end date and the go-to rate.

Minimum due is what keeps you current — never skip it to 'pay more on another card' without a plan.

Pro tip: Call the back of the card if APR is unclear — 10 minutes can save months of interest.

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Pay Off Debt With the Avalanche Method

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