Home equity levels remain high, but using that equity to consolidate your debt can come with big trade-offs.

Sharon Wu, a senior writer with over a decade of experience, specializes in consumer-focused content covering home and finance topics such as insurance, investments, credit, debt, mortgages and home ...

It can be tempting for some homeowners to tap their equity to pay down large credit card bills — especially now, with credit card debt and home equity at a record high. That's because home equity ...

Facing down high-interest debt can seem like an impossible hill to climb. If your own debt feels insurmountable, you’re not alone. Overall debt in the U.S. rose 2.4% between 2023 and 2024, according ...

Total originations of open-ended home equity lines of credit (HELOCs) and closed-end home equity loans increased in 2024 by 7.2% from the previous year, when comparing originators that reported in ...

Are you drowning in a sea of debt? If your monthly debt payments are out of control and your budget is stretched thin, you may be considering a home equity loan to get much-needed relief. But is it a ...

As household debt in the U.S. sits at an all-time high in 2025, learn about typical debt levels for mortgages, credit cards, student loans and auto loans.

A cash-out refinance can lower your interest payments, but it also puts your home on the line. Here's how to decide if it's the right move for your debt.

If you're among the millions of Americans struggling with medical debt — which now totals some $220 billion nationwide — you're dealing with a financial crisis you didn't ask for. The situation could ...

Using a home equity loan to tackle high-interest debt is not suitable for every homeowner. It’s a decision that requires a clear understanding of the benefits and risks. Here’s how home equity loans ...