How to Categorize Tally Account

I recently signed up for Tally. How do I categorize a Tally account? It's similar to both a consolidation loan and also a line of credit. Is it better to set it up as a Credit Card or a HELOC?
Thanks

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  • Thanks. Yeah, will have to manually enter transactions, so credit card is probably better. I didn't know if Quicken treated them differently. Another thread suggested HELOC for Quicken 2019 and credit card for Quicken 2017, so thought something may have changed.
  • Thanks, I'll backup the file and try both one at a time and rollback in between. That way I can see which is best.
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