Risky Debt Payoff Strategies To Avoid
By
siliconindia | Monday, October 24, 2011
Tapping Home Equity Line Of Credit
When time is not in your favor, and you have your bills and family plans can't be put on hold. And at the same time clearing your debt is one priority. In such a scenario you would be tempted to tap into your biggest asset your the house. this strategy can be a bad move in the current economic climate when housing prices continue to drop.Avoid tapping into a home equity line of credit unless you're certain that you will be staying in your home for several years.

