Sunday, June 9, 2013

Tricky Credit Card Balance Transfers


Should you get offers from credit card companies to transfer your current outstanding balance to another card because of lower charges, you may be easily tempted. Especially if you have good credit, and those tempting offers are frequently in the mail.
                       
Remember, you may be hurting your credit score, should you take the bait.
                       
When you make lots of credit card transfers it appears you may be
applying for fresh credit.That tends to hurt your credit card score. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)

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