HELOCs for Debt Consolidation
Replace high-interest credit cards and personal loans with a single, lower-rate payment secured by your home equity.
If you're carrying balances on credit cards at 22%+ APR, a HELOC can dramatically lower your monthly interest and accelerate your path to being debt-free. Pull the cash you need, pay off the cards on day one, and keep one predictable payment.
Why a HELOC for debt consolidation
- HELOC rates are typically a fraction of credit card APRs.
- Soft credit pull to see your offers — zero impact to your score.
- Funding in as little as 5 days, with the wire going straight to your bank.
- No prepayment penalty — pay it down as fast as you'd like.
- Fixed-rate option keeps your payment stable while you knock down the balance.
- Up to $750,000 — enough to wipe out cards, personal loans, and medical debt in one move.
Real-world consolidation scenarios
$60,000 in credit card debt at 24% APR
Consolidating into a HELOC at a much lower rate can save thousands in interest each year and shave years off your payoff timeline.
Multiple personal loans and store cards
Roll them all into one fixed-rate, fixed-term payment so you know exactly when you'll be debt-free.
Medical bills + credit cards
A HELOC can wipe out the balances and stop the interest bleed while keeping one manageable monthly payment.
How the math works
Say you're carrying $50,000 across credit cards at an average APR of 24%. The interest alone runs roughly $12,000/year — and that's before you've made a dent in the balance.
Replace that with a fixed-rate HELOC at a fraction of the rate, and the same monthly payment you're already making goes much further toward principal. Most clients end up paying off the consolidated balance years sooner than they'd have wiped out the cards.
The key: don't run the cards back up. Tom and your CFP/CPA can help you build the discipline — but the HELOC stops the bleeding immediately.
Stop paying credit-card interest
Soft credit pull, no impact to your score, real consolidation offers in minutes.
Or email Tom directly at thomas28403@gmail.com