How to Qualify for a HELOC for Debt Consolidation
Why Homeowners Look to HELOCs
When you’re dealing with multiple high-interest debts, like credit cards or personal loans, it can feel impossible to get ahead. Consolidating those balances into one loan with a lower rate is one of the smartest ways to ease the burden. For many homeowners, the solution is a home equity line of credit (HELOC).
But before you can tap into your home’s equity to consolidate debt, you’ll need to know what it takes to qualify. The good news is, with the right preparat

Why Homeowners Look to HELOCsWhen you’re dealing with multiple high-interest debts, like credit cards or personal loans, it can feel impossible to get ahead. Consolidating those balances into one loan with a lower rate is one of the smartest ways to ease the burden. For many homeowners, the solution is a home equity line of credit (HELOC).But befor...