Avalanche Strategy

[Suba]

Avalanche strategy or debt stacking strategy is a strategy for paying off debts sequentially starting with the loan that has the highest interest which must be prioritized for immediate repayment. If the debt with the highest interest has been paid off, you can pay off the second debt and so on. So before implementing the Avalanche strategy, debtors must make a list of their debts and interest starting from the highest interest.

 

[King Belieal]

I think that the avalanche method is very good as a loan management strategy. Those big interest loans are the ones that always become too bulky to pay when it stays long.