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Getting HELOC to pay off credit card

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I just got a HELOC for $35,000 and used it all to pay off higher interest credit cards and a personal bank loan. Will this increase my credit score or keep it the same?
Thanks.

Asked by tsej 3 months ago Flag this Question

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Probably about the same unless the credit cards were maxed out. A HELOC is just another revolving line just like a CC so in the credit score algorthim it doesnt make a big difference. 

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AppleRules 3 months ago

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