The debt snowball method is designed to eliminate small loans faster, which may motivate the borrower to continue the repayment process through quick wins.

Authors

• Person: Not available Organization: Discover
  Debt Snowball or Debt Avalanche: Which Method Is Right for You?

Sources

• Debt Snowball or Debt Avalanche: Which Method Is Right for You? www.discover.com Discover via serper

Referenced by nodes (1)

• Debt Snowball method concept