consumer advocacy company was teaching it for free everyone would do it.....$3500 for a spreadsheet just spells scam and especially because the companies are set up as multi level marketing companies....The theor though is extremely powerful May 22, 2012 Peter M Vaughan @ 9:56 pm : Deryck, You are incorrect. I notice that your post does not use any example calculation, and the reason is clear. The example calculation clearly show that you cannot borrow money short term at high interest rates to pay down long term money at lower interest rates and come out ahead. You can ONLY pay down your total debt more quickly by applying more money to the debt. If you borrow 100k for a mortgage, then borrow 5k on a HELOC and pay it against the mortgage, you have a 95k mortgage and a 5k HELOC, so your debt is still 100k. You will notice that Doug has completely stopped responding to these posts because he has NO factual argument to refuse the statement that your debt only goes down when you pay more. If you would like to run an amortization schedule, make an excel spreadsheet, and post a link showing that there is ANY way that using a HELOC is remotely "overwhelmingly powerful" I will analyze it for you. The best analysis I have seen showed that a HELOC could, over 30 years, save $50 on a 200k mortgage because it is at a slightly lower effective rate, but only if you get