jessieantjoee

1 Contributions 220 People Helped

Member Since: July 2013

Most Helpful Contribution

Credit card utilization and your credit score

Jan 07, 2014
Helpful to 220 out of 239 people

I can definitely confirm this. I did a balance transfer of 500 so I would stop paying so much interest and hopefully pay off the credit card faster... (and I did this 2 months before my plan of applying for a home loan) and my credit score tanked like a solid 50+ points. 

Activity (1 Total Contributions)

Credit card utilization and your credit score

Jan 07, 2014
Helpful to 220 out of 239 people

I can definitely confirm this. I did a balance transfer of 500 so I would stop paying so much interest and hopefully pay off the credit card faster... (and I did this 2 months before my plan of applying for a home loan) and my credit score tanked like a solid 50+ points.