This is known as the snowball debt repayment method and has been scientifically proven to be more motivating for people paying off multiple balances. (effectify.com)
Once you know the interest rates on your loans, you can decide which debt repayment method is best for you — and which balances deserve your attention first. (fidelity.com)
Changing your mindset opens up doors that lead to many other debt repayment methods. (thecollegeinvestor.com)