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Should you use a HELOC to pay off credit card debt? Pros, cons and risks

admin May 8, 2026
Should you use a HELOC to pay off credit card debt? Pros, cons and risks

Should you use a HELOC to pay off credit card debt? Pros, cons and risks


I maxed out our credit card for some unexpected home repairs, including a new HVAC. The interest rate is ridiculously high since I did not pay it off last month. I’m considering using a HELOC to pay off the credit card. Is that a good idea?

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