I would really really like to pay off our credit cards by consolidating them. Has anybody done this? What type of loans are available? Can I get a home equity loan having only made a handful of payments on it thus far?
I dunno, second mortgages can be pricey in terms of the interest. Of course, if your cards are 12 and you can get a second for say 8 percent, over 4-5 years, cut up the cards and then work like a mule to pay it off, probably wise strategy. Do you belong to a credit union? Ours has the fairest deals around and I may refi with them later this year on a 15 year and give Citi the boot (no offense to any CIti employees)
I got a personal loan to cover mine. Most banks will help you our if you specify what it is for since you are really transferring debt rather than adding to it. My cards were getting out of hand, so I did this and it was a good decision. I now keep one card in case of emergencies.