Credit score down 14 pts bal transfer

[fritscher]

I did 3 balance transfers last week. Scores went down as it said account increased by 1475 ans another alert said balance o. One of mt accts i creased by 3200. Bummer. Hope scores go back up

[mikesonthemend]

Any month that doesn't include a new account, or inquiry, and your debt lowers with no payments missed will improve your score.

edited: grammar

[Lucifer]

I once did a large BT  but for 2 weeks my scores tanked as the BT amount was reporting on both the accounts.

I went down 30 points....   and then bounced right back.   

But for like two weeks I was like.....please no one soft pull me to check up on me right now....especially AMEX.....pleaseeeeeeee

hahaha...       But it really didnt matter all that much.  I wasn't going for any loans or anything at that time.

[AverageJoesCredit]

Yup happens to me all the time. The crossfire. Happens to report both balances and then it looks like you owe twice as much. Stinks but eventually catches up

[Anonymous]

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@fritscher wrote:
I did 3 balance transfers last week. Scores went down as it said account increased by 1475 ans another alert said balance o. One of mt accts i creased by 3200. Bummer. Hope scores go back up

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 I did a BT myself and my score went down 14pts as well, I mean do I expect my score to go back up? Yes after I pay the balance at the end, but im going to do it again next month, to show the creditor I can pay my payments and large ones....what do you expect your scores not to drop?