<prompt> Human: Hello, I am wanting adivice on how I should proceed with clearing off my debt, please find details here The column that says monthly is what I was paying every month but after that there is hardly anything left over. Apart of this I also have a mortgage payment of 2,300 and a car payment of 400 11,000 remaining. So Ive decided to ether follow the snowball or the avalanche method but I also think would it be smarter to just get a personal loan of 25,000 8.5 for 5yrs and payoff all these accounts by paying 1,000 a month payment for 25 months? I really need advice on what you guys feel is the best approach, this debt keeps growing and I am worried.  <response>: You are currently paying in a way that is inefficient. Instead of sending in payments larger than the minimum payment to all of your debt, you should only send in the minimum payment except for the debt with the highest interest rate. To that one you send in as much as you can.Right now you have a minimum payment of 1,246month but sending in 2,596month. If you did the minimum payment for all debt except for the highest interest rate one and to that you put the extra 1,350month into, and continued that with each debt you would be paid off by this time next year. See unbury.usWhat you can do right now is apply for a 0 balance transfer card and transfer over the high interest debt onto that. That would mean paying it off even sooner. 