<prompt> Human: I have upward of 50k equity in my home. I can pull some of that out to pay off debts, but Im worried that it wont make sense in the long run.  <response>: It can be a very expensive way to get to 50K. If you have to refinance anyway get rid of PMI or whatever, then moving the amounts around doesnt matter to me. You can do the same thing with a HELOC, usually for less closing, if you want to shuffle your debt onto your house.None of this fixes the problem that you are in debt because you spend more than you make, and secured debt adds risk. 