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Let's say I have a Personal Line of Credit for 20,000. If I use 80% of it, will it have the same effect (on Credit Scores) as that of a Credit Card with 80% utilization?

user6123723
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I know that when I use my HELOC, there's no impact to utilization. A line of credit distinct from a credit card, should not impact either, I'd look at a site such as CreditKarma to see what your utilization looks like, and how the line of credit is treated.

JoeTaxpayer
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