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Snowball vs avalanche - Infographic on 2 ways to repay credit cards


The debt snowball vs avalanche infographic illustrates 2 different do-it-yourself (DIY) credit card repayment options. Have a look at the infographic to understand how you can eliminate your credit card debts through debt snowball and avalanche methods. Find out how the 2 methods work and the amount you can save through them.


Credit Card Debt Repay (Snowball Vs Avalanche)

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  • By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  • Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
  • Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  • Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  • The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
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