Credit Score Question

Discussion in 'Credit Talk' started by FU-TU, May 24, 2005.

  1. FU-TU

    FU-TU Well-Known Member

    I currently have a revolving line of credit with a balance of $7,000. If I refinanced this balance with an installment loan how would the FICO be affected.

    My thoughts are my score may improve since it would decrease my percent usage on revolving lines.

    Any thoughts.

    FU-TU
     

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