Sunday, February 26, 2012

Making Credit Card BalanceTransfers Too Often

Should you transfer your current outstanding credit card balance to another card because of lower charges?

You may be easily tempted, especially if you have good credit, and those offers are frequently in the mail.

But remember, you may be hurting your credit score, should you take the bait too often

When you make lots of credit card transfers it appears you may be applying for fresh credit. That may hurt your credit card score (See the Earl J Weinreb NewsHole® comments.)

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