Monday, December 12, 2011

Why do I have an outstanding balance with available credit being more?

I made a balance transfer from a sears card with high interest rates to another credit card with a much better % rate. My statement shows:





ledger balance of - 2481.53 (minus)


Outstanding balance -2481.53 (minus)


Available credit 4370.00





Why do I have an outstanding balance of negative 2481.53 and my available credit at positive 4370.00?|||You should call Sears - looks like someone goofed when doing your transfer.|||It may still be in transition or pending a complete transaction or approval...Call them

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