Discover effective strategies to tackle your debt by prioritizing payments using the Snowball or Avalanche method. Learn how ...

If you're doing the avalanche method, you'd arrange your balances in order of the highest APR to the lowest: $4,200 credit card debt (22.24% APR) minimum payment = $120 $1,300 credit card debt ...

For this scenario, we recommend the popular 'snowball' or 'avalanche' debt repayment methods. We outline each below: Snowball method: With this method, you prioritize paying off your credit card ...

One of the best debt payment strategies is known as the avalanche method. The process is simple ... On the other hand, debts like personal loans and credit card loans will have higher interest ...