Debt snowball Vs. Debt avalanche: What's better?
Debt snowball Vs. Debt avalanche: What's better?
Managing debt can get overwhelming, especially with different minimum payments, juggling cards with the high interest rates, and deadlines stretched across the calendar.
The debt snowball method targets the lowest balances
With the debt snowball method, you’ll prioritize cards according to the size of their balance - and quickly build momentum. You’ll quickly have fewer debts and balances to manage, you’ll see progress fast, and you’ll feel real momentum.
The debt avalanche method targets high interest charges
It takes more than comparing APRs and interest rates.
Bright pays off credit card debts automatically
Bright offers a third way:
with a personalized Bright Plan, we can handle your payments for you, finding the fastest, smartest ways to pay off your debts - automatically every month. Read more: