Can a Balance Transfer Hurt Your Credit Score?

I recently wrote a piece for Magnify Money on how a balance transfer affects your credit score. Did you know that a balance transfer can drop your credit score by about 40 points initially? Does this mean you shouldn’t take advantage of those 0% balance transfer offers?pexels-photo-259200

Check out the full piece on the Magnify Money blog and let me know what you think!

(Image: via Pexels)


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