Posts Tagged "HELOC"

Credit scores and your home equity line of credit

Dear Experian,

Will using up your entire home equity credit line count negatively on your credit report and score even if you are never late on your payments?


After short sale, don’t hurry into a HELOC

Dear Experian,

My husband and I were gifted my Dad’s home. It is paid in full. We had to do a short sale on our previous home, and it messed up our credit pretty good. About how long until our credit will be where it needs to be to get a HELOC loan approved?


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