Meaning Debt snowball
What does Debt snowball mean? Here you find 2 meanings of the word Debt snowball. You can also add a definition of Debt snowball yourself

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Debt snowball


With this debt payment plan, the smallest debt is paid off first, then then next largest, and so on, until all debts are paid.
Source: creditcards.com

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Debt snowball


Definition A debt reduction method that starts with paying off the smaller debts first and then adding those funds to other payments to eliminate larger debts. The minimum payment on the larger debts [..]
Source: investorwords.com




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