04-18-2013 11:20 AM
I've had a HELOC with Wells Fargo since 2007 and currently I owe 23K on it. I'm trying to decide whether I should pay off my wife's car or pay down the HELOC, but I'm not sure if the balance/limit ratio on the HELOC counts against my revolving utilization? Anyone know?
04-18-2013 11:28 AM
For me, EX called it a Credit Card and the others called it a mortgage. Made my EX score 20-30 points lower than the others, because of this particular CC was nearly maxed out.
When I gor rid of it EX went up
04-18-2013 11:34 AM
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