re: HELOC options in Louisiana?

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I would not want to trade unsecured debt for secured debt. Not knowing anything else about your financial condition or spending habits, I'll say that with 200k+ a year in income, you should be able to bang out those debts fairly quickly if you cut back on your discretionary spending and dedicate yourself to paying off the debt. Not that I'm fully endorsing Dave Ramsey's methods, but the debt snowball works. Make minimum payments on everything but the smallest debt and pile extra money onto the smallest debt until its paid off and move on from there to the next smallest debt and so on. With each one you pay off, that frees up more money to attack the next one. But again, all this is for naught if you don't get your discretionary spending under control.

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