Dossier
avalanche debt payoff method
Coverage of avalanche debt payoff method in the Nexus archive.
- Credit card debt is squeezing households — credit counselors say act now
Credit card delinquencies are at a 15-year high, driven by rising gas prices and other costs. Credit counselors advise debtors to audit their finances and use strategies like the avalanche or snowball methods to pay down debt, or seek nonprofit counseling if needed.