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FICO crashing ... 755---> 750 ----> 740

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-Wade-
Valued Contributor

Re: FICO crashing ... 755---> 750 ----> 740


@Fico2Go wrote:

Thanks, let's hope everyone is right.  If going by my last Amex SP my util would be 1%.   


Good luck

"Garden Club Member " Old user name newportguy*** Current Score: myFico EQ - 830 (07/16/2015) Discover TU Fico - 833 (09/03/2016) EX Fico - 839 ( 09/01/2016 ) ******* Amex - BCP 11.5K * Discover - IT 43.5 K * U.S. Bank Cash + Visa Signature 15.3 K * PenFed - Cash Rewards 15K *PenFed Power Cash 19K ** Amex - GDSM 10K ******FICO 800 Club Member ******* EQ 830 *** TU 833 *** EX 839 ***
****** Last HP & New TL was March 6th 2014 *** GOAL: No HP's or New TL's for 2 + years and 840's Scores ******
Message 11 of 12
tinuviel
Moderator Emeritus

Re: FICO crashing ... 755---> 750 ----> 740


@Wade64 wrote:

@Fico2Go wrote:

After weeks of wating for new TLs to show up on my CRs I'm seeing them now.  I've also made some mistakes by not paying by the statement dates on a couple of TLs so some balances are showing up and pushing my UTIL to 11%.   As many of you know December/2013 was a busy month for me.  Added a bunch of new cards and I've been waiting for TL reporting to see the effect.  

 

Well I'm seeing them now and I don't like it.  Smiley Sad

 

Furthermore, the worst isn't here yet when my Chase Slate will be reporting a balance transfer.  Slate statement cut date will be 02/02/2014. 

 

I hope the Slate statement doesn't hit the CRAs until after my Amex 61 day CLI on 02/06/2014.  It's a race to the end...

 

Or, I hope AMEX does a SP on me before SLATE hits the CRs. 

 

.

 

.   


Once the dust settles in 3-6 months your scores should come back, may be a lil higher!!! Good luck on Amex CLI


+1. In Aug of 2012, I added four new cards. My EQ score went from 723 down into the upper 600s. I gritted my teeth and waited, reminding myself that at least I got the cards I had wanted. Within 3 months, my scores had bounced back up and within a few more months -- with all of the positive history reporting -- they were even higher. Take heart in knowing that the new account ding will fade.


Current Scores: EQ 775 (03/04/2014), EX 756 (03/01/2014), TU 760 (03/01/2014)
Ruby Spade Garden Club Member - Last App: 03/04/2013 - No apps until 2014
Cards: Cap1 Venture 6.4k, Cap1 Quicksilver MC 1.75k, BankAmericard 1-2-3 Visa Signature - UCF Alumni Association 5k, Discover 7k, Citi Diamond Preferred MC 10.35k, Wells Fargo Rewards Visa 7k, Chase Freedom 5k, Chase Ink 7.5k, Amex Green NPSL, Dillard's Amex 7.5k, JC Penney 7.5k, Kay Jeweler's 5.1k
Message 12 of 12
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