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  1. #1
    lucas222 is offline Senior Member
    Join Date
    Jan 2003
    Posts
    184

    Balance Transfers Do they Hurt you?

    My question is do multiple balance transfers hurt your credit? I know a balance transfer does ding your fico, but does it hurt your fico "more so" if you do 2 or 3 BT with-in a year. Anyone had any direct experience with this.
    thanks,
    Lucas

  2. #2
    chipper is offline Senior Member
    Join Date
    Feb 2003
    Posts
    331

    Balance Transfers Do they Hurt you?

    Why would you think a bt would hurt you?

  3. #3
    lucas222 is offline Senior Member
    Join Date
    Jan 2003
    Posts
    184

    Balance Transfers Do they Hurt you?

    BC they hurt your score, that i know, i'm asking if you do more than one per year does it really bring down your score?
    Lucas

  4. #4
    chipper is offline Senior Member
    Join Date
    Feb 2003
    Posts
    331

    Balance Transfers Do they Hurt you?

    I have done several bts without a difference in my score, as my debt ratio stays the same, which is why i asked.

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