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  2. Does a HELOC affect your credit score? - AOL

    www.aol.com/finance/does-heloc-affect-credit...

    Using a HELOC rather than a credit card can also improve your score, by lowering your credit utilization ratio. Ideally, you want to keep this ratio below 30 percent .

  3. Can I Use a HELOC to Pay off a Mortgage Faster ... - AOL

    www.aol.com/heloc-pay-off-mortgage-faster...

    5. Your credit score. Another important way that all creditors, including HELOC lenders, evaluate your financial responsibility and willingness to repay debt is your credit score.While the minimum ...

  4. How to shop for a HELOC: 10 ways to get the best HELOC rate - AOL

    www.aol.com/finance/shop-heloc-10-ways-best...

    10 tips to get the best HELOC rate 1. Maintain good credit. Having a good credit score is one of the key ways to obtain a competitive interest rate when applying for HELOC. A lender will consider ...

  5. What to do if you are denied a HELOC or home equity loan - AOL

    www.aol.com/finance/denied-heloc-home-equity...

    Credit score. Minimum score of 640 or higher. Ownership stake. At least 15-20% equity in the home. Debt-to-income ratio. Below 43 percent. Combined loan-to-value ratio

  6. Should you use your home equity to pay off high-interest debt?

    www.aol.com/finance/home-equity-loan-pay-off...

    A HELOC — or home equity line of credit — is a revolving line of credit that allows you to tap your home's equity as you need it and make payments on your balance to build your approved credit ...

  7. Should you use a HELOC to pay off your mortgage? - AOL

    www.aol.com/finance/heloc-pay-off-mortgage...

    The bottom line on using a HELOC to pay your mortgage. A home equity line of credit is a powerful resource in your toolkit for achieving financial goals like consolidating debt, which could ...

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