Credit Card Debt Consolidation

Credit Card Debt Consolidation

Credit Card Debt Consolidation: A great way to restructure your finances
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credit card debt consolidation question by QNA: Will transfering credit card balances to a new CC with a lower APR be bad for my FICO score?
Is this practice equivalent to “debt consolidation” when it comes to credit reports?

Thanks in advance.

credit card debt consolidation best answer:

Answer by erica_a_quintero
A credit company will not know that unless it’s reported. All they see is existing credit history and if it is in good standing. As long as you are current on both credit cards then there will be no affect. Your FICO will not change based upon your APR’s. It may only look like debt consolitdation if you close the accounts after transgering the balances.

Credit Card Debt Consolidation; Lower Credit Card Debt And Avoid Scams As You Learn How To Reduce Payments With Balance Transfers, Debt Settlement, and Consolidation

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credit card debt consolidation

Are you overwhelmed by multiple credit card or debt payments? Would you like to learn how to lower your interest rates through balance transfers or consolidation? Do you want to simplify your debt payments and lower your credit card debt? As you read this book, you’ll uncover the answers and solutions to all of these questions. Credit Card Debt Consolidation will teach you how to manage your credit card debt by consolidating it into one payment. You’ll also learn how to negotiate with and fi

Credit Card Debt Consolidation; Lower Credit Card Debt And Avoid Scams As You Learn How To Reduce Payments With Balance Transfers, Debt Settlement, and Consolidation

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