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Consolidate
Debt With a HomeEquity Loan
If much of your
wealth is tied up in your house, a home equity loan can enable you to use some of that
capital to take care of your immediate needs, without having to sell your home. Those
needs may include home improvements or medical bills. An increasingly popular strategy is
to use a home equity loan to consolidate a number of high-interest-rate debts so they can
be paid off at a lower rate. |