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Today, i sealed my first 0% financing-

New Contributor

Re: I would like to know if your score drops after the loan h...

For   Credit_Query01

 

My Auto loan hit all 3 CBs. Good news is i did nt loose 30 points. I think i lost about 3-5 points. But when all 3 new credit accounts, applied for Chase freedom (3000), Amex gold skymiles (2500), BCP(1000) hit my report with the Auto loan, i lost a total of 17 points. I am now at 696 instead of 713 in trans union. Equifax did not move at all- auto loan and all cards gave me SW alert but no change in score. I dont mind that.


Starting Score: 598
Current Score: Trans union fico 713 (myfico 11/1/2012), EQ fico 671, exp 666 by AMEX
Goal Score: 720 across

In my wallet: GE/walmart at $10500, 2 capital ones at $750 each, Elan financial at $400, Amex BCP-$1000, AMEX Gold Delta at $2500, Discover more at $6,000 and Chase freedom at $3000

Take the FICO Fitness Challenge
Message 11 of 15
Valued Contributor

Re: I would like to know if your score drops after the loan h...

How long did it take for your auto loan to hit your credit? I'm still waiting for mine. The inquires are there but it has not reported yet.

As of 2017, rebuilding...
Message 12 of 15
Valued Contributor

Re: I would like to know if your score drops after the loan h...

kese! congrats on the car. i did the same thing on aug 30th hence my last inqueries. 

 

they pulled all three reports twice for me. tu was auto enhanced at 707 when i pulled that morning from here it was 689 so i wasnt complaining. 

got the 0% deal as well. 

 

and maiden my loan hit about 10 days after my first payment. so about the 11th of october. 

 

Current: Discover Fico 709 3/15 Walmart Fico 743 4/15

Inquiries (24 Months): EQ 6 TU 1 EX 6 | Most Recent: 4/09/2015
Over 12 Months:9


2015 Goals:
Lower Utility
Earn Cash Back

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$7,400
Citi DC $10,000
Citizens Mastercard$7,000
Message 13 of 15
Valued Contributor

Re: I would like to know if your score drops after the loan h...

My loan took a month or so to report, I lost 4 points on my EQ.

 

Congrats on the loan, id love to get a zero percent.

Message 14 of 15
Valued Contributor

Re: I would like to know if your score drops after the loan h...

Thanks for the info creditnocash!

 

I can't wait for mine to hit! My first payment is next month! I want to see how it's going to affect my credit mix Smiley Happy

As of 2017, rebuilding...
Message 15 of 15