If you own your home, you can take out a home equity loan or a HELOC and use the funds to pay off high-interest debt, like credit card bills or private student loans.. A home equity loan gives you ...

Should you use your home equity to pay off credit-card debt? ... Credit cards with unpaid balances charged an average 21.91% annual percentage rate in February and a personal loan averaged 11. ...

Typically, home equity loans don’t have an annual fee — like some credit cards or lines of credit — and lenders tend to waive closing costs as long as you don’t pay off the loan within ...

I'm in my 60s with $85,000 in credit-card debt. Should I use the equity in my home or my investments to pay it off? Provided by Dow Jones Oct 5, 2024, 3:11:00 PM. By Aarthi Swaminathan ...