Credit Card Glossary: Terms and Definitions
With this debt payment method, the debt with the highest interest rate is paid off first, then the next highest interest rate, and so on. With the debt avalanche, the debtor pays the least amount of interest.
Terms from A-Z
Search the CreditCards.com glossary for every credit-related term from "account holder" to "zombie debt." Select a letter for alphabetized terms and definitions.