credit card debt

A home equity line of credit, or HELOC, might be a viable option for homeowners struggling to pay down credit card debt or in an emergency situation. (PHOTO: DEPOSITPHOTOS.COM)
Aug 19, 2026

Homeowners can tap into HELOCs to pay down debts and avoid high interest rates

Homeowners in Idaho tap into HELOCs to pay down high-interest debts and leverage home equity as a financial management tool, says Kellie Allen of CMG Home Loans.

The Federal Reserve Bank of New York building is seen in the Manhattan borough of New York, on Dec. 16, 2017. (PHOTO: REUTERS/Eduardo Munoz/File)
May 12, 2026

Fed reports stable household debt despite student loan challenges

The New York Fed finds stable household debt levels in the first quarter despite ongoing student loan delinquency challenges and modest credit shifts.


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