Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Quick Summary Using home equity to pay off credit cards can feel like progress, especially when someone has $30,000 in high-interest debt, a 715 credit score, and more than$100,000 in estimated equity. For homeowners, a product like a Rocket Mortgage Home Equity Loan can fit. According to company data, Rocket clients who consolidate debt using home equity save an average of $535 per month. It offers a f ...