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Does it look bad on my credit report if the debt transfer Visa 3 3 0% on different cards?
I have transferred 2 Visa balances and placed in 2 0% separate cards. I have done all this in a period of some months. Still I have an outstanding balance that neither one of the above Visa are accepted. Would it be okay if I a balance transfer for only $ 500.00 once again to a company different credit card also offers 0%? Would this be a bad image my credit report?
MikeRacer is correct. You are getting a lot of factors involved here, and it is hurting your credit. 1) The new credit facility of credit controls, which hurt his score. 2) is increasing the amount of available credit. This sometimes really help your score, but this too will hurt you. 3) To obtain additional lines of credit helps your score, but many arduous. It is recommended that you have 3-5 Credit Cards or revolving credit sources. Finally, (I am not preaching … but I've seen this over and over) … is making the same mistake that many people commits. You get one credit card to try to consolidate debts. Then you turn around and run up charges on Credit Cards has been left empty. Trust me, if not control your credit spending better start looking for a good bankruptcy lawyer. In the last two years, this is the same as many people filed for BK. Banks are offshoots of the people in the consolidation loan or mortgage, and the consumers are not learning from their mistakes spent on credit.
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