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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

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).
Housing prices will fall 50% in the next year or two.