Credit Score

Latest Posts

Do home equity loans affect your credit score? 

Mar 18, 2019By

Despite record amounts of home equity, fewer homeowners are tapping into this source of wealth. While a number of factors contribute to this fact, could concerns about a home equity loan’s effect on credit score play a role? To determine the impact a home equity loan could have on a borrower’s credit profile, LendingTree analyzed data from 2,500 consumers to see how their credit scores changed in the months after they took out a loan, and the results may surprise you.

What's New?
Updated 9 months ago
manage feed