Debt consolidation is a great idea if you have accumulated credit card debt, personal loans or other expenses.
Using your equity in your house is a good way to get you back on track. Housing loan rates are a lot lower than the credit card rates (16%-22%) or personal loans (12%-16%).
Why not call us to discuss your options and get that credit card cleared. Once the credit cards are cleared you have a lot more money that can be used for day to day living, you may even find you have additional funds to pay towards the housing loan.
However, once debt is cleared and your finances are under control it is of benefit to establish a budget to ensure your funds remain in control.