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gszakacs

Member since: March 2009

Total Contributions: 1

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Credit Card Utilization and Average Credit Scores

I always pay my CC balance(s) in full by the due date, but the accounts are considered to be utilized and it's adversely affecting my score. Also be aware that opening a HELOC or other loan/credit line whether you utilize the HELOC or not will lower your score (30-50 maybe even more points). It was a big suprise to me when I opened my HELOC.

Comment posted 2 years ago

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