@brcamacho wrote:
Would it make sense to take a zero %balance transfer offer and move the balances of 2 of the cards, which would take me from balances on 5 cards to only 3. The catch is it would take the balance transfer card up to 85% Util.
I'd say not. Total util and DTI aren't going to change as a result of a BT. Nearly maxing a card won't help either.
@Bman70 wrote:
When I was approved for a mortgage loan in 2012, I had taken out a personal loan from my CU only weeks before. One of my cards was close to 90%. My scores were mid 700s. I think sometimes we overthink these details
It really all depends on the specific mortgage lender and what they're looking for.
