4 ms·

Take out equity loan against house, pay off your credit card. Be ready to walk away from your house if you have to.

• alain94040 16y ago
  Bad advice: trade a non-secured debt (credit card) by a secured one, so that indeed, you may lose your house, whereas before you weren't actually losing anything (bad credit is annoying, but doesn't force you to become homeless).
  • chailatte 16y ago
    Housing prices will fall 50% in the next year or two.