My Fico Drops to 715 after 1 day at 720

[mikey78]

the change or alert says that my paypal account has decreased by $32 down to 0
and yet my fico dropped

[bman86]

Are your other cards reporting a $0 balance as well?

[mikey78]

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@bman86 wrote:

Are your other cards reporting a $0 balance as well?

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my capital one credit card hasn't updated the report which stands at 524.00 my current balance on it 96
Bank of america stands at 276 should be going up soon i have 310 balance on it out of 5000 CL
gap store is at 74.00

[Odiseous]

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@bman86 wrote:

Are your other cards reporting a $0 balance as well?

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^  if your report doesn't at least *a* balance reporting, you'll get dinged. 

[myjourney]

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@mikey78 wrote:

the change or alert says that my paypal account has decreased by $32 down to 0
and yet my fico dropped

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Do you have any new TL's or INQ's?

[mikey78]

I have alot of inquiries  within the past month
I got 4 new cards in that one month but i been seeing higher credit score with addition of each
but right now i only see Bofa cash reward on my credit report

I just got my chase freedom and activated today
last night i had CLI on my paypal smart connect from 500 to 1000
I'm not seeing Discover IT on my report yet

today my Revolving accounts  5 Credit  Balance 874 Available 8276 total credit limit 9150 debt to credit ratio 10%
yesterday my balance was 906

[myjourney]

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@mikey78 wrote:

I have alot of inquiries  within the past month
I got 4 new cards in that one month but i been seeing higher credit score with addition of each
but right now i only see Bofa cash reward on my credit report

I just got my chase freedom and activated today
last night i had CLI on my paypal smart connect from 500 to 1000
I'm not seeing Discover IT on my report yet

today my Revolving accounts  5 Credit  Balance 874 Available 8276 total credit limit 9150 debt to credit ratio 10%
yesterday my balance was 906

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Bingo I thought so just by the number -5 drop sorry to say more to come but the goods news if I remember is you were approved for all 

[mikey78]

I had another HP from Chase when i requested that they up my CL when i call to activate it 

and also not sure if paypal does HP for upping my CL to 1000 from 500
also I have sent a CLI request on bofa from 5000 to 10k they haven't responded yet but i'm sure they will do a HP

so question if i continue to make payments and keep my deb to credit ratio to 10 to 15 % my fico will go back up? and hopefully i can get into the 750 Fico Score excellent credit ?

i will probably reapply in a year or two for the Blue Cash rewards (been declined on the recon)

thank you for the help

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@myjourney wrote:

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@mikey78 wrote:

I have alot of inquiries  within the past month
I got 4 new cards in that one month but i been seeing higher credit score with addition of each
but right now i only see Bofa cash reward on my credit report

I just got my chase freedom and activated today
last night i had CLI on my paypal smart connect from 500 to 1000
I'm not seeing Discover IT on my report yet

today my Revolving accounts  5 Credit  Balance 874 Available 8276 total credit limit 9150 debt to credit ratio 10%
yesterday my balance was 906

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Bingo I thought so just by the number -5 drop sorry to say more to come but the goods news if I remember is you were approved for all 

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[myjourney]

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@mikey78 wrote:

I had another HP from Chase when i requested that they up my CL when i call to activate it 

and also not sure if paypal does HP for upping my CL to 1000 from 500
also I have sent a CLI request on bofa from 5000 to 10k they haven't responded yet but i'm sure they will do a HP

so question if i continue to make payments and keep my deb to credit ratio to 10 to 15 % my fico will go back up? Yes scores will go back up you may see another drop when cards report tho....but you will recover nicely...and hopefully i can get into the 750 Fico Score excellent credit ?

i will probably reapply in a year or two for the Blue Cash rewards (been declined on the recon)

thank you for the help

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@myjourney wrote:

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@mikey78 wrote:

I have alot of inquiries  within the past month
I got 4 new cards in that one month but i been seeing higher credit score with addition of each
but right now i only see Bofa cash reward on my credit report

I just got my chase freedom and activated today
last night i had CLI on my paypal smart connect from 500 to 1000
I'm not seeing Discover IT on my report yet

today my Revolving accounts  5 Credit  Balance 874 Available 8276 total credit limit 9150 debt to credit ratio 10%
yesterday my balance was 906

---

Bingo I thought so just by the number -5 drop sorry to say more to come but the goods news if I remember is you were approved for all 

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[USF813]

I feel your pain. My EQ score dropped 15 points after an inquiry followed by a new best buy account reported. Balances on my other two cards = 0. Back in the garden I go.