According to Experian, a score of 300-579 is considered ... $240,000 - $200,000 (what you still owe) = $40,000. This home equity loan calculator will do the math for you. The key factors here ...

Experian, and TransUnion—for free at AnnualCreditReport.com. 4. Consolidating debt can improve your credit utilization Depending on how you use your home equity loan, you could improve your credit.

If there are any errors, like incorrect contact information, contact the credit bureau — Equifax, Experian or ... use Bankrate’s DTI calculator. For a home equity loan, most lenders look ...