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| junsta17 |
Posted: Wed Jun 29, 2005 10:52 am Post subject: Balance transfer hopping |
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Investing Sr. Associate

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| Hi, I've balanced transferred my debt onto new credit cards twice. What happens to my credit rating if I do it often? |
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| sonicreducer |
Posted: Wed Jun 29, 2005 1:11 pm Post subject: |
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Investing Associate

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| I don't think transferring the money in itself does too much, but opening new accounts to get the promo rates and etc does typically cause your score to drop a bit, depending on how many active accounts you have and the balances on them, and a variety of other things. |
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| chahsiubow |
Posted: Fri Jul 01, 2005 12:45 pm Post subject: |
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 Investing Sr. Associate

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Jun, You need cut down on spending and start having romantic candlelight dinners with your gf at Mickey D's if you're worried about your CC balance.
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