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Does an equity line of credit affect my credit score?
I do not have a mortgage. I own my home. I've had an open Equity checking line of credit for ten years. It has come to term. I used it for small home expenses in an emergency. I owe nothing but will have to re apply for another account. The current bank never booked the acct as a lien so there was no consequence. If I open a new acct with a new bank will a lien affect my credit score?

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