Sentences with phrase «descending order of interest rates»

The first thing you need to do is list your debts in descending order of their interest rates.

In the avalanche method, you first pay off the debt with the higher rate of interest and then pay off the debts in descending order of interest rates.

You can put the extra money towards the highest - interest card first, and once that's paid off, focus on paying off the others in descending order of interest rate.