*Loan,banking and credit>>>credit line

Does/how does a home equity line of credit appear on your credit report?

ANY LINE OF CREDIT shows on your credit report. IT even shows if you applied for a target card and got turned down. IT shows how much the loan is and how long you have had it, and if you make the payments ontime.

Your FICO score and credit report are made of a percentage of things:

35% Is record of ONTIME payments, even if you can only pay minnium, mail that puppy in a week early.

30% Balances vs. Available Credit.
What that means is the total ammount you have out there in charges vs. the ammount that you have available to you. SO if your debts are low and your available credit is high ... that BOOSTS the score. ~ So pay more than min. if you can.

15% HISTORY
How long have you been in the system? Even old and unpaid accounts establish you as having or being credit worthy. SO dont cancel old cards... just cut them up and leave the account open. ( if theres fees switch to a card with no fees)

10% New accounts and Inquiries... Opened Accounts = GOOD , Trying to open an account and get denied= BAD
SO its a toss up... they want you to establish new lines of credit... but not to get rejected... go figure that one.

and Finally....
10% THe Variety of accounts that you have open.
The better variety they better you look....

SO ANY loan, or mortage, or re-fi, or credit card, or utility , or unpaid things... show on a credit report.

It shows up like any other credit does.
yes
like any other credit card or loan
It appears on your credit report as revolving line of credit, just like a credit card.
Licensed lender in OH, FL, SC, and IN

www.nickkusan.com
As a secured line of credit or mortgage depending on the lender that has the HELOC. If you default on the loan it will affect your ability to refinance your first mortgage and increase your rates on any refi. You can also be foreclosed on by not paying off your HELOC, treat it like a mortgage payment...your highest priority second only to your first mortgage payment. Everything else can wait if you ever get into financial trouble.