MDAKWALE

If you do not have adequate balance in your checking account:
- If you use debit method and enter the PIN, bank will deny the transaction
- If you use credit method, bank will most likely accept the transaction and charge you an overdraft fee. If you make multiple transactions, they may charge you a separate overdraft fee for each transaction.

Is HELOC considered like a credit card for credit score calculation? I have drawn about 50% of the HELOC credit limit and pay the minimum required amount. Recently my HELOC provider dropped "Available amount" to zero, meaning I can no longer draw more from HELOC although the credit limit is twice the outstanding balance. How is this affecting my credit score? I could pay off some debt to bring utilization to 35% of credit limit, but I noticed that the Available amount continues to be zero.