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Home Equity Loans to Pay Off Consumer Debt – Is It Wise? You have surely heard about debt consolidation through home equity. Many debt advisors suggest applying for an equity loan in order to use the money to pay off consumer credit card debt. Though the idea of reducing debt by unifying the payment and replacing unsecured debt with a secured loan may sound tempting, there are other factors that should be considered. There is a big question mark as to the convenience of resorting to loans to

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Tags: Credit, Credit card, Debt, Debt Consolidation, Home, Loan, Money

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