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Baby_Hippos_Swimming t1_iujty6i wrote

Use the snowball or avalanche method to start paying it off.

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dbot77 OP t1_iujvi7s wrote

I’ve never heard of this method. Can you describe it?

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Baby_Hippos_Swimming t1_iujvsu8 wrote

  • snowball - pay off debts one at a time, smallest to largest.

  • avalanche method - pay off debts one at a time, highest interest rate to lowest interest rate

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dbot77 OP t1_iujy6cx wrote

Thanks for the help brother

1