By leveraging your home equity, you can utilize it to decrease your credit card debt. This involves consolidating high-interest loans into one option with lower payments, resulting in potential savings. The simplification of credit payments can also have the potential to improve credit scores. As a result, lower payments may free up funds for other investments. However, it is important to be cautious of associated fees when using mortgage refinancing to consolidate debt. By partnering with top lenders in Canada, there are better opportunities and potential savings. Additionally, there are smart tools available to identify cash-flow opportunities and align refinancing with your goals. Other options to explore include Home Equity Loans, Lines of Credit, Equity Line Visa, or a second mortgage. These options provide access to multiple lending sources, including prime lenders and alternative and private lenders with flexible qualifications. Through strategic mortgage planning, it is possible to transform bad debts into good ones. Moreover, there are innovative tools in Canada that streamline processes and save time. Starting the process is easy with a simple application that can help reduce debt and save money.