Moderator Emerita
Community Leader
Epic Contributor
Posts: 28,098
Registered: ‎04-01-2007
This will only work if your HELOC is high enough to not be scored as revolving credit. Endless debate on what the magic figure is, and it varies by credit bureau. Definitely $50K CL is high enough, and the breakpoint is probably somewhere around $30K. Anything lower than the magic figure will make it report as revolving, and it will still be figured into your util.

This is not the balance, but the original credit limit.

And I guess this should go without saying, but don't let yourself get in the habit of shoving CC debt onto your HELOC. It's a terrible idea to transfer unsecured (CC) debt to secured (mortgage.) hth
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007