Has your credit card debt become unmanageable? Are you barely getting by making minimum payments? Have you tried transferring balances around, only to end up back where you started? If these sound familiar, you’re not alone. Across America, people are finding it harder to dig themselves out of credit card debt. Because credit card interest compounds daily, the interest piles up every day. Making minimum payments doesn’t make much headway toward paying off your balance, which ultimately makes it hard to catch up. If you have substantial credit card balances, paying them off sooner likely requires a big move on your part. That means finding some way to start paying much more than your minimum monthly balance, or somehow paying it off all at once. If you’re a homeowner, a potential option for accomplishing this is right under your nose—or rather, your doormat: Consider using home equity to consolidate debt!