A debt reduction method whereby an individual who owes more than one debt pays off first the smallest one, then moves on to the next “smallest” debt on list, and so on. This process causes debt balance to roll down or get smaller and smaller over time. A debtor starts with the smallest debt outstanding and moves from one debt to another till the debt with the highest balance is paid off. Rolldown allows multi-account debtors make faster results by first getting rid off the smaller debts and building repayment capacity to handle larger debts.

This technique is also known as a debt snowball.