@masscredit wrote:Do creditors view balance transfers unfavorably or are they just happy to get paid? Like, is it viewed as the account was paid off but, the balance was transferred to another account?
Depends on the lender I think in addition to the borrower's behavior. Doing a BT for a financially accepted reason and then paying it off is one thing and I'd be surprised if there was any issue at all; however, shuffling around money on repeated transfers is bound to be viewed with skepticism by virtually any lender. Like any transaction that shows up on one's report (in some form or fashion in this case) an individual UW may take exception to it regardless, but there's not much one can do about that and if done for good reasons, could even be a positive in the form of smart financial management.
