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Updated over 8 years ago,

User Stats

1,254
Posts
342
Votes
Rich Hupper
  • Broker / Investor
  • Tewksbury, MA
342
Votes |
1,254
Posts

Helocs and your credit

Rich Hupper
  • Broker / Investor
  • Tewksbury, MA
Posted

Hello bp

I know a heloc functions very similar to a credit card however what happens when you use over 80% of your total line and only pay the minimum payment. Will this adversely affect your credit score?

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