When I joined my EQ credit score was 705 then a month later after paying a negative item off , the EQ score went to 720. Then last month I took a loan out to buy a motorcycle, and the EQ score 770. The main reason it was so low was the lack of credit cards and loans, I have a 20 year good pay history. I'd like to apply for a credit card to continue to increase the amount of available credit right now I have 1 credit card with a $1300 limit. The question is should I wait a month or two to allow it to stabilize(for lack of a better term) or does it matter? The goal is to get a mortgage in 6 months or so. Any feed would help.