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BarbW10

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Balance transfers. . . shows increased account but not decrased? Now lower score?
I recently made this balance transfer. Credit Karma shows the increased balance on one account and not the decreased balance on the other. This decreased my rating form excellent to fair. How can this happen? Why aren't both changes taken into condsideration?

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The lender that you transferred the balance to reported to the credit bureaus sooner than the lender that you pulled the balance from. Give it a little time for the paid off balance to be reported. Don't worry too much about your rating on here, worry about your FICO scores as that is what most lenders use.

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