Instructions: Enter each one of your debts, along with their corresponding principal balances, interest rates, and monthly payment amounts. Important! Be sure to list your debts in order from the shortest pay-off to the longest pay-off. Once you have all your debts entered ("description" is a required field), click on the "Calculate" button. Then, once the calculation has completed, click on the "Create Report" button to generate a condensed report that you can print out (you may have to press CTRL-P in order to print the report). Or, if you don't have a printer, simply transfer the results to the Rapid Debt-Repayment Plan Worksheet.

Note: If you have more than ten debts, enter the ten with the shortest pay-off now, and then later, when you've paid off one or more of the shortest debts, you can come back and include more of the longer ones. Repeat this process until you're down to ten.