I am curious if conducting a balance transfer could/would help increase my score.
I was thinking about transferring the $620(CL$750) onto my Navy Federal $0(CL$6,000) to get the utilization down. There is no BT fee and the APR on Navy Fed is lower.
I have 3 other cards that have very small balances that I plan to just pay off very soon. I don’t want to do a BT on them because they are deferred interest at the moment (Barclay and CareCredit).
Would doing the BT be a good or bad idea, or would it even make a difference?
Starting Score: (EQ 590)-(TU 625)-(EX 606) 9/2014
Current Score: (EQ 599)-(TU 647)-(EX 617) 11/2014
ST Goal Score: (EQ 640)-(TU 670)-(EX 650)
LT Goal Score: 750
