Dunno. What I do know is I transferred 2 credit card balances to a 3rd (BofA) who offered 0 interest for a year.(4% upfront fee) Did it online and BofA had a 'thingy' where you could see what various activities did to your credit score. It said if I did this balance transfer, my credit score would go up--really???--interesting!? (was at 802 prior to transfer). I completed it because..hey...the math worked. My credit score DROPPED to 703 immediately and has been at that for 3 months now. Did they lie to me? |