HELOC treated as loan

RandieM
RandieM Quicken Windows Subscription Member
edited March 2022 in Download, Add/Update Accounts (Windows)
Hi, I am new to using Quicken. I connected to my credit union and accepted the accounts that were returned. One of them is a home equity line of credit. But it was returned as a simple loan, and I don't have any transaction history in it. Is there a way to convert the loan account to a HELOC short of deleting it and reentering it manually?

Best Answer

  • UKR
    UKR Quicken Windows Subscription SuperUser ✭✭✭✭✭
    Answer ✓
    I recommend you delete the online-connected HELOC account and redefine it as an "offline" (manual) Credit Card account. Keep it offline and record any transactions manually as needed.

Answers

  • UKR
    UKR Quicken Windows Subscription SuperUser ✭✭✭✭✭
    Answer ✓
    I recommend you delete the online-connected HELOC account and redefine it as an "offline" (manual) Credit Card account. Keep it offline and record any transactions manually as needed.
This discussion has been closed.

Categories