Home Equity; should I pay off with CC, Advice needed!!
What should we do? We are trying to get out of debt. We never miss payments and our credit is excellent, just want to be out of debt. We have about $27,000 on our Home Equity at 10.875% interest. Should we pay it off with a lower interest credit card at 4.9 % or continue paying it and taking the interest write off on taxes at the end of the year? Thanks in advance.