Home collateral financing and you may HELOCs have some trick advantages, and additionally their independence and lower interest rates However, an important chance with this money is when your fail to repay them, you could have your property foreclosed on. 0% Apr harmony transfer credit card If you’d like a loan to repay personal credit card debt, believe a balance transfer cards. Specific credit cards allows you to spend 0% on transfers of balance getting a particular several months – will from half a year so you can 2 yrs. Providing you repay the bill in that day, you might not shell out people desire.