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What Is a Balance Transfer and How Long Does It Take?
9 min read
Do Balance Transfers Hurt Your Credit or Affect Your Credit Score?
6 min read
Last Updated: January 29, 2026
Key Takeaways
- A balance transfer may help you manage high-interest credit card debt.
- Balance transfers may help your credit score by reducing your credit usage and making it easier to make on-time payments.
- Balance transfers may impact your credit score by leading to a hard credit check or lowering the average age of your accounts.
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