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  • #16
    Please Jesus, do NOT take out a home equity loan to pay of CC debt.

    DO NOT!

    CC debt is an unsecured loan, and nothing can be taken from you except your credit score.
    Full time ninja editor.

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    • #17
      Originally posted by majorownage View Post
      Please Jesus, do NOT take out a home equity loan to pay of CC debt.

      DO NOT!

      CC debt is an unsecured loan, and nothing can be taken from you except your credit score.
      You're right. But if I can't handle a $300 house payment for less than 5 years, then something is wrong.

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      • #18
        Originally posted by majorownage View Post
        Please Jesus, do NOT take out a home equity loan to pay of CC debt.

        DO NOT!

        CC debt is an unsecured loan, and nothing can be taken from you except your credit score.
        Careful there. There are changes on the way and defaulting on CC's could cost you $$ soon. It's already happening in many states.

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        • #19
          Originally posted by Saleen781 View Post
          Careful there. There are changes on the way and defaulting on CC's could cost you $$ soon. It's already happening in many states.
          It won't cost as much as the bank seizing the house. I promise you that.
          Full time ninja editor.

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