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Credit Card Applications » Questions » User Questions » Balance Transfers » Does the concept of a balance transfer have any effect on an individual’s credit history ...

Does the concept of a balance transfer have any effect on an individual’s credit history and credit rating?

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The only reason balance transfers have worked quite effectively for the bank and the consumer is the advantage it has on one’s credit history and credit rating.

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Intro APR on Balance Transfer: 0% (21 months)*
For Excellent/Good Credit
Intro APR on Balance Transfer: 0% (12 months (on balance transfers made within 45 days of account opening))
For Excellent/Good Credit
Intro APR on Balance Transfer: 0% (18 months)*
For Excellent/Good Credit
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Balance Transfers