07-16-2007 12:29 PM
07-16-2007 12:34 PM
gashers70 wrote:On my credit report I have a Home Equity Line of Credit reporting as a Revolving account on Experian, a line of credit on TransuUnion and Equfax. Is that affecting me differently when its reported as a Revolving Account vs. Line of Credit?
07-16-2007 01:37 PM
07-19-2007 07:51 PM
07-19-2007 08:22 PM
07-19-2007 09:21 PM
powerup wrote:It would be best to have to reported with the mortgages because then it won't factor into the ultil ratio. They can hurt your score if they are reporting as rev accounts because of the ultil factor because if it is above 50 % it is hurting you, which when you get a HELOC is usually at the max.
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