Using balance transfer to boost CLI

[slund5499]

Knowing that my auto CLI are coming up in Feb, may and June of 2015......

Would it make sense to BT balances from AU accounts a month before auto CLI are due?

Would it help or hurt my Auto CLI (Barclay, CAP1 QS, Merrick and Cap 1 Journey).

Any advise?

[takeshi74]

The only way a balance transfer would help is if it reduced utilization.  However, if you're BT'ing from one account on your report to another account on your report then you haven't changed your overall utilization.  Also depends on the amount of change to utilization.  A few percent may not yield much of a score change, if any.  Further, if the auto CLI is based on an SP then you may not know exactly when the SP was performed.  Yet another factor to consider is that there are scoring models and creditors that don't consider accounts where one is an AU anyway so there would be no effect in such cases.

Description of the situation is really too vague and it doesn't sound worth the hassle, fees, etc IMO.

[RobertEG]

If I understand corrrectly, you are going to transfer someone else's money to pay your debts?