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Phrases with «debt avalanche»

The phrase "debt avalanche" refers to a method of paying off multiple debts where you focus on paying off the highest-interest debt first. By doing this, you can save money on interest payments and pay off your debts more efficiently. Full definition

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Sentences with «debt avalanche»

  • It operates with the virtue of debt avalanche method wherein the debt with the highest interest gets tackled first. (kingofkash.com)
  • Please note that using debt avalanche strategy does mean abandoning other debts. (myfinancekits.com)
  • On the other hand, with debt avalanche strategy, you will be able to save money on interest and you may be able to pay off the debt faster as the principal amount tend to reduce faster. (myfinancekits.com)
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