Y
Hacker News
new
|
ask
|
show
|
jobs
by
chailatte
5668 days ago
Take out equity loan against house, pay off your credit card. Be ready to walk away from your house if you have to.
1 comments
alain94040
5668 days ago
Bad advice: trade a non-secured debt (credit card) by a secured one, so that indeed, you may lose your house, whereas before you weren't actually losing anything (bad credit is annoying, but doesn't force you to become homeless).
link
chailatte
5668 days ago
Housing prices will fall 50% in the next year or two.
link