Friday, September 09, 2005

 

Trading credit card debt for home equity debt (Bankrate.com)



I have about $12,000 in debt and $25,000 in home equity. The number of cards and load are hurting my credit. I learned my lesson regarding debt and now have been fighting to pay these off. Should I go for the home equity line of credit, or will the interest kill me?
yahoo news: http://us.rd.yahoo.com/dailynews/rss/search/credit+card+rates/SIG=11ouul0v1/*http%3A//www.bankrate.com/brm/news/debt/20050909a1.asp

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