<prompt> Human: Whats the best way to pay down credit card debt? I have about 40,000 in credit card debt spread over 10 different accounts with 20,000 of cash in hand from a gift. Should I try and totally pay off a few cards or spread it out over as many as I can to get the balances down? The balances range from 1,000-12,000. Assistant: Avalanche technique seems to be the best and cleanest way to get rid of debt.Highest interest rates first. And snowball the amount that you were paying in interest on to the next debt. Human: Explain this concept please...  <response>: Say, youre paying minimum 100 on card A at 25, 50 on card B at 9 and 50 on card C at 12. 1005050200Say you could pay 250 total if you really try. Pay off card A completely with the original 100 plus the 50 more every month, while paying minimum on the others. 1505050250Then you put 200 payments on card C and 50 on card B until card C is paid off, then you pay the entire 250month on card B until it is paid off. 20050250 