topic Re: balance affect future CLI?? in Credit Card Applications

balance affect future CLI??

dunsplus — Sat, 28 Sep 2019 16:11:36 GMT

hello all
had a question if you allcan help me with.
does carrying a balance hurt or help in future cli?
im thinking of doing a balance transfer to my BOA card and it would put my utilization at 50%, but im worried it might hurt me in future cli requests and i definitely dont want to do that since BOA has been by far most generous of my all cards in regards to cli.

tia

Re: balance affect future CLI??

Anonymous — Sat, 28 Sep 2019 17:11:43 GMT

When it's paid off it doesn't matter.

If paying the 3% fee to do it outweighs the savings of 0% for 12-15 months then just do it.

Re: balance affect future CLI??

dunsplus — Sat, 28 Sep 2019 17:36:14 GMT

yes it would
i would use it to payoff a cc that is at 22% interest

Re: balance affect future CLI??

Anonymous — Sat, 28 Sep 2019 20:07:18 GMT

but im worried it might hurt me in future cli requests

This is what I was referring to.

Re: balance affect future CLI??

Meanmchine — Sun, 29 Sep 2019 00:25:54 GMT

Just pay more then the minimum due and youll be fine