How does Balance Transfer Arbitrage affect FICO?
Posted in Mortgage Bankruptcy on 09/09/2010 09:17 pm by
harvey7415 asked:
I actively do balance transfer arbitrage. I have almost $100,000 in credit card debt, all at 0-1% APR. I have almost 40 revolving credit card accounts. No late payments ever. I believe my current credit score is about 620-630. How will doing more arbitrage affect FICO? How will paying off balances improve my FICO?
Jeremy
I actively do balance transfer arbitrage. I have almost $100,000 in credit card debt, all at 0-1% APR. I have almost 40 revolving credit card accounts. No late payments ever. I believe my current credit score is about 620-630. How will doing more arbitrage affect FICO? How will paying off balances improve my FICO?
Jeremy