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3 years ago

What best describes the Debt Snowball method for paying off debt

Mathematics

2 answers:

Shalnov [3]3 years ago

8 0

Answer:

The debt snowball method is a debt reduction strategy where you pay off debt in order of smallest to largest, gaining momentum as you knock out each balance. When the smallest debt is paid in full, you roll the money you were paying on that debt into the next smallest balance.

Step-by-step explanation:

charle [14.2K]3 years ago

5 0

Answer:

a debt reduction str

ategy where you pay off debt in order of smallest to largest, gaining momentum as you knock out each balance.

Step-by-step explanation:

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