Then there’s human nature. Be honest with yourself. Do you really think you’ll be able to control your spending habits and not run up credit card debt again? Some people have the restraint and some don’t. If you’re going to allow yourself to charge purchases again and carry a balance, don’t even think about tapping your home equity. In a few months you’ll just end up with twice as much debt.
Tuesday 10 May 2011
Credit Card Debt? Don’t Tap Your Home Equity to Pay it Off
Then there’s human nature. Be honest with yourself. Do you really think you’ll be able to control your spending habits and not run up credit card debt again? Some people have the restraint and some don’t. If you’re going to allow yourself to charge purchases again and carry a balance, don’t even think about tapping your home equity. In a few months you’ll just end up with twice as much debt.
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