Do Balance Transfers Hurt Your Credit?



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Addia
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Transferring a debt to one or more of your current credit cards won't affect your credit score. You could be carrying a huge debt on one of your credit cards that has a high interest rate, and you might have many credit card accounts that are open. Your credit score will not be impacted in any way if you transfer this debt to one or more of your other cards that have a lower interest rate.
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