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Hello everyone! If there's a new blog article that I think you guys might like I plan on posting it in the Forums.
This week's article is: How Does a Home Equity Loan Affect Your Credit?
Let me know what you think about the article.
For more content don't forget to check out our blog.
I think the link is broken Elizabeth, it's stil pointing at qa2 which I assume is an internal site as it doesn't resolve on the Internet.
Non-authoritative answer:
*** Can't find www.qa2.myfico.com: No answer
Yeah, getting rid of the qa2 works: https://www.myfico.com/credit-education/blog/how-helocs-affect-credit
I have a number of rental homes and am always in the cycle of getting debt (for either renovation or furnishings for my AirBnb business) and then repaying debt, and then looking for the next home. This article is timely for me. @Revelate
There is also an All in One HELOC, a first position line of credit that can be used and re-used over 20 years and then pays off in 30.