Georgia has graduated now and has decided to repay all her debts so she can live debt-free. She owes some small-amount loans and some large-amount loans. Georgia chose to adopt the "Snowball Method" to reduce her debt. Which of the following statements is correct in the context of Georgia's strategy? 

Georgia paid largest loan first. 

Georgia paid the minimum payments on each loan. 

Georgia paid the interest on all the loans first. 

Georgia paid smallest loan first.