07-14-2007 02:46 AM
07-14-2007 07:57 AM
07-14-2007 08:41 AM
07-14-2007 10:33 AM
07-14-2007 10:38 AM
07-14-2007 10:49 AM
07-14-2007 10:54 AM - edited 07-14-2007 10:57 AM
Definitely get the point about utilization affecting the credit score, but It seems that if my credit utilization is 100%, and I pay it down to zero, then that difference will be almost immediately reflected in my credit score. Vs. if something goes to collections, that takes 7 years to fall off of your credit rating. I'm just wondering if the actual act of doing a balance transfer is a hard "ding", like the something that went to collections, or something that won't even register with the credit bureaus in 2-3months (like temporary change in utilization), and then if it is a hard "ding", is it on her record or mine?
07-14-2007 10:56 AM
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