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URL:  http://boards.fool.com/if-im-understanding-your-question-bock-you-are-29591837.aspx

Subject:  Re: Transferring credit to lower rate Date:  10/8/2011  7:34 PM
Author:  aj485 Number:  303315 of 309665

If I'm understanding your question Bock you are asking if the it will be harder to get credit in the future if you transfer from a 17%+ card to a 5.9% card with a $10,000 initial credit limit. Assuming that is the question here is my answer.

Yes, having more available credit will make lenders less likely to give you credit in the future. How much less I can't say but your total amount of available credit is a factor.


Well, the post you replied to is 14 years old, so Bock probably isn't looking for an answer anymore.

That said, I would tend to disagree with your premise that having more available credit will make lenders less likely to give you credit in the future.

The fact that one has more credit available, assuming they don't actually use it (as Bock was planning on doing - he was just going to transfer his balance, and pay it down), decreas