In most states, the consumer can open a home equity line of credit (HELOC) and use the equity in their residence to consolidate credit card debt. Whether or not this is a wise use of the equity in your home is a matter of much debate. Critics argue that a consumer should not borrow...
Posts Tagged ‘ credit card debt ’
Excessive Credit Card Debt
photo credit: JasonRogersFooDogGiraffeBee In my opinion, any credit card debt should be considered excessive. But that’s just me. Getting out of credit card debt can seem like a daunting task, but like anything else you have to do it one step at a time. Your first step has to be to stop using your...