Snowballing can help someone get out of
debt over the course of a few years, as long as new debt is not added.
Not exact matches
A lot
of credit card
debt,
of course, has in the last
few years been shifted
over to lower - interest lines
of credit, usually unsecured.
Depending the amount
of accounts and balances, taking out a
debt consolidation loan can group all
of your
debts together with one monthly payment made
over the
course of a
few years, much like a personal loan or auto loan.
A lot
of credit card
debt,
of course, has in the last
few years been shifted
over to lower - interest lines
of credit, usually unsecured.