The debt snowball method is designed to create momentum and allow the debtor to see progress as quickly as possible by eliminating monthly payments as accounts are paid off.

Authors

• Person: Not available Organization: National Foundation for Credit Counseling
  Debt Avalanche vs Debt Snowball - Best Way to Pay off Debt - NFCC

Sources

• Debt Avalanche vs Debt Snowball - Best Way to Pay off Debt - NFCC www.nfcc.org National Foundation for Credit Counseling via serper

Referenced by nodes (1)

• Debt Snowball method concept