What’s good credit for a home guarantee loan? Debt consolidating Merging your financial situation is when you take aside that loan and you will use the money to invest straight back all your valuable almost every other expense otherwise several. Remortgaging your residence so you’re able to consolidate debts is more preferred, but it is nevertheless you’ll which have a property guarantee financing. You only utilize the currency to pay off every other loan providers you’ve got. It might not