Using a Home Equity Line of Credit to pay off credit card debt is a significant mistake, as it often leads to further financial mismanagement.

“the noob doesn't even know what a heloc is or worse, they end up using a heliloc to pay off credit card debt. This is the worst possible move you could make as you'll almost always end up right back in debt on your credit cards. And then you've got two payments to make, your credit card and your hel”