Most people have gotten themselves into so much debt that they cannot make heads or tails of it all. When you get into serious debt the best way to go is to consolidate all of your debt into a home equity loan and get a low Mortgage Rate so you will pay a fraction of what you were paying. This is perfect for anyone who owes a substantial amount of money and would just like to get out of massive debt and quit worrying about several different bills. Take it from me I have been in this situation already and an equity loan was the easiest solution. 