Need Advice: Should I Use My 401(k) or Home Equity to Pay Off $50K Credit Card Debt?
Need Advice: Should I Use My 401(k) or Home Equity to Pay Off $50K Credit Card Debt? Hey everyone, I'm seeking some guidance on how to handle a large amount of credit card debt that I've been struggling with for the past few years. Here’s my situation: I currently have around $50K in credit card debt spread across several cards, and I'm paying approximately $500/month in just interest. I've tried various strategies to pay down t...