Home | May 2017News | Balance transfer plus new debt will lower your credit score |
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Balance transfer plus new debt will lower your credit score
- Balance transfer plus new debt will lower your credit score
- May 26, 2017
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Transferring balances between existing cards won't hurt your credit score significantly, but if you also add new debt, your credit utilization will increase, thus taking a larger ding to your score
- View more at: http://www.creditcards.com/credit-card-news/balance-transfer-plus-new-debt-will-lower-credit-score.php?aid=2741cce8&rss_lnk=25
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