If you have large high interest credit card bills, car loans, and other mounting debt, then consolidating debt by paying off all high interest debt, and converting it into a low interest home equity line of credit – can lower your monthly payment and increase your cash flow to do things that you love.
For example: Paying off a Credit card debt at 19.9% interest and converting it into a home equity line of credit with 10% interest – Will not only lower your monthly payment, but will also allow you to pay off your debt faster!