What happens to your credit card after a balance transfer?
Closing a credit account can hurt your credit score, even after a balance transfer.
4 min read
Dec 05, 2024
Erin Lowry
Expert Reviewer, Personal Finance
EXPERTISE
- Credit cards
- Debt management
- Personal finance
- Retirement
- Wealth
- Budgeting
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Meet our expertsAbout Erin
Erin Lowry is the author of the four-part Broke Millennial series, including: Broke Millennial, Broke Millennial Takes On Investing, Broke Millennial Talks Money and Broke Millennial Workbook: Take Control and Get Your Financial Life Together. Erin’s been featured in The New York Times, Wall Street Journal, and on GMA3, ABC News, CBS Sunday Morning, CNBC and The Rachael Ray Show. She has written for The New York Times, USA Today, and other major publications.
Erin's latest articles
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Home equity rates virtually unchanged pre-Thanksgiving Day
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Closing costs in Kentucky: Who pays for what?
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A second bank has failed in 2024. Here’s why it’s important to bank at a federally-insured bank
Here’s why banking at an FDIC-insured bank is vital for the safety of your money.
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Citi Premier vs. Citi Prestige
Should you switch from the Citi Prestige to the Citi Premier?
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How to read your financial aid award letter
There’s no standard format for financial aid letters. Here’s how to decode them.
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What these small business owners want customers to know about credit card fees
You might love your credit card. For your favorite small business, it’s more complicated.
5 min read Oct 11, 2024 -
Can you buy a house with cash? Is it smart?
If you can afford it, there are many benefits to buying a house in full, without financing.
5 min read Jul 24, 2024