Need Help? Call:   1 (800) 556 - 2145
Need Help?   Call Us
Need Help?
RateSimple
  • Home
  • About
  • Learning Center
  • Blog
  • All
  • Fundamentals
  • Buying A Home
  • Refinancing
  • Equity & Value
  • Money Tips

Daniela Quiroz

The Risks of Using a HELOC to Consolidate Debt (And How to Avoid Them)

The Risks of Using a HELOC to Consolidate Debt (And How to Avoid Them)

Why Talk About Risks? A home equity line of credit (HELOC) can be a powerful way to simplify debt repayment and save money on interest. By rolling multiple high-interest balances into one lower-interest loan, many homeowners free up cash and gain control over their finances. But like any financial tool,
Daniela Quiroz Sep 5, 2025
HELOC vs. Personal Loan — Which is Better for Debt Consolidation?

HELOC vs. Personal Loan — Which is Better for Debt Consolidation?

Why Compare HELOCs and Personal Loans? If you’re managing multiple debts—credit cards, auto loans, or student loans—it can feel like you’re constantly playing catch-up. Consolidating those balances into one loan can make life much easier. Not only does it simplify your finances, but it can also
Daniela Quiroz Sep 5, 2025
How to Qualify for a HELOC for Debt Consolidation

How to Qualify for a HELOC for Debt Consolidation

Why Homeowners Look to HELOCs When you’re dealing with multiple high-interest debts, like credit cards or personal loans, it can feel impossible to get ahead. Consolidating those balances into one loan with a lower rate is one of the smartest ways to ease the burden. For many homeowners, the
Daniela Quiroz Sep 5, 2025

Rate Simple was created with you in mind. We offer a simple yet effective way to nail down the best mortgage and refi rates in under 2 minutes. Serving all homeowners, first time homebuyers, Veterans, and active duty military, we're here to give you the absolute best home loan options.

Not ready to commit?

Get the latest lender updates, mortgage news, rates, and more!

About
  • Our Mission
  • Reviews
  • Blog
  • Contact Us
Legal
  • Terms of Use
  • Privacy And Security
  • Privacy And Security (CA Residents)
  • State Licensing and Disclosures
  • NMLS Consumer Access
Contact
Phone
1 (800) 592 - 1590
Email
info@ratesimple.com
Follow Us

Rate Simple, Inc. | NMLS LICENSE #2232647

8383 Wilshire Boulevard, Suite 540/B, Los Angeles CA 90211

If you have any questions, comments, or concerns, please email us at management@ratesimple.com By submitting this form, I agree that Rate Simple may contact me at the phone number provided.via automated technology, including autodialing, prerecorded message, artificial voice, and/or text message. I understand that I do not have to consent to receive such calls or text messages to purchase goods or services from Rate Simple