Debt avalanche
Risk & psychologyRepaying debts in order of interest rate, highest first.
In plain terms
Mathematically the cheapest way out of debt. Clear the 42% card before the 9% home loan, every time.
1492 terms
Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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