Can you use a home equity loan to pay off debt? One of the major benefits of home equity loans is the fact you can use the funds however you want. Cash accessed via home equity products can be ...

Dear Quentin, My husband and I have $45,000 in debt on credit cards with 0% interest rates that will start charging interest in July. We bought a house for $1.3 million that is now worth $1.5 million.

There are many reasons why using a home equity loan to pay off other debts could be a good strategy for you. Here are a few to consider: Interest rate is one of the key figures when thinking about ...

Depending on your situation, this backup plan could include getting a balance transfer card or personal loan to pay off credit card debt. If you have equity built up in your home, you might be ...

A home equity loan and a HELOC allow you to borrow ... These unsecured loans provide a lump sum you can use to pay off other debts. The terms of the unsecured loan are based on your creditworthiness.

If you have a lot of existing high-interest debt, you might be better off taking care of that first, before making repairs or upgrades to your home. Rather, you might use home equity financing for ...

Perhaps you plan to take out school loans ... a debt is secured or unsecured. You might struggle to pay both secured and unsecured debts and wonder how to prioritize paying them off.

The terms and conditions of the loans needed to repay the debt could have a major impact on the choices you make going forward. Most types of debt fall into one of two categories: secured and ...

Debt consolidation loans help you pay off debt by giving you access to a lump sum that you can put toward your unsecured debts ... tapping into your home’s equity or using your 401(k) savings.

Credit card debt is considered unsecured debt, which means it isn't linked to an asset, such as a house ... to pay off debt, about a quarter of respondents choose a debt consolidation loan as ...