Inter Next Technologies, Inc., Internet Marketing Services, Reno, NV
Call (Toll Free)
(800)-601-1579
Community Area
Get FREE Counseling




*


Helpful Resources
Community
Popular Discussions
Creditmagic Twitter
Credit on Facebook

Can I transfer balance from closed accounts

Post reply  Start a topic
Author Message
Options
Print this topic
Invite a friend
Email this topic
  Bookmark online
Add to del.icio.us
Add to YahooMyWeb
 
Maci
Guest






Subject: Can I transfer balance from closed accounts
 
Posted on Fri Jul 30, 2010 6:22 am  

Hi,

I have a number of closed accounts which have balances on them. Now, I just got a 0% APR (for balance transfers) card and I would like to transfer the balance from the closed accounts onto the new card with the 0% APR offer. How will transferring balances from closed accounts onto this new card affect my credit score?

There are 6 such cards. Among these 3 are reported as closed by the credit granter, and the 3 others have been closed by me. So, please advise me.
Aaron

Aaron

Joined: 08 Feb 2010
Aaron's page
Posts: 2632



48565 Magic Points

Subject: balance transfer
 
Posted on Fri Jul 30, 2010 9:16 am  

Hi Maci,

Yes, you can transfer the balances from the other cards to the card with the 0% APR offer. However, before you can do that you will have to talk to the banks, and request them to reopen the accounts.

However, once you transfer the balances form all these cards to the new one, you should try to make ontime payments. This is going to help you increase your score.

Thanks,

Aaron
_________________
Keep in touch Smile

Quick Reply
Your Name
Subject
Message body
Page 1 of 1

 
Delete this topic Move this topic Lock this topic Split this topic 






Page loaded in 0.049 seconds.