The avalanche debt strategy involves paying the minimum required amount on all debts, then prioritizing any additional funds toward the debt with the highest interest rate.

Authors

• Person: Not available Organization: UMB
  Debt strategy comparison: Avalanche or snowball? - UMB Blog

Sources

• Debt strategy comparison: Avalanche or snowball? - UMB Blog blog.umb.com UMB via serper

Referenced by nodes (1)

• Debt Avalanche method concept