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How big of hit did you take for buying a new car?

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Anonymous
Not applicable

Re: How big of hit did you take for buying a new car?

I bought the car last week on 27 June and it showed up in TU and EQ, both a 9 point drop in 4 days. I am not sure if the score would stay up or down after the purchase but that is more influenced by percent utility, and the DTI for the car loan. I had a 4% utility before the purchase and nothing bad in the last two years so that is why I am thinking I had the 9 point drop only.
Message 11 of 12
marty56
Super Contributor

Re: How big of hit did you take for buying a new car?

No drop on EQ.  TU and EX might be an issue.   Waiting for them to report.
1/25/2021: FICO 850 EQ 848 TU 847 EX
Message 12 of 12
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