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Updated over 8 years ago on . Most recent reply

User Stats

112
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46
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Jason Hsun
  • Rental Property Investor
  • Chicago | Pittsburgh | 30A
46
Votes |
112
Posts

Do HELOC's affect credit score?

Jason Hsun
  • Rental Property Investor
  • Chicago | Pittsburgh | 30A
Posted

Even if the effect is negligible and marginal, I am curious if obtaining a HELOC does, in fact, have a negative effect on someone's credit and score. If there is an effect, does the amount of the credit line also determine the severity in which is affected?

  • Jason Hsun
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