Johnny now has a balance of $14,500 on his credit cards and he is having a hard time making the minimum payment on them. He has missed several payments and is now paying the default APR of 29.99%. He and his wife own a nice home with $40,000 in equity. They have $7,500 in a certificate of deposit with a 4% APR. He has come to you in tears asking for advice. What do you tell him to do?