A recent independent study estimates that more than four million U.S. households used home equity loans to repay all or part of their credit card debt in the last two years.

This represented a shift of $26 billion from credit card to equity debt, according to the study conducted last month by Brittain Associates Inc., Atlanta.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.