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Contributor
Posts: 93
Registered: ‎11-21-2012
0

Oh No !! Scores are a dropping ....

Well after last week of apping the accounts and the inquiries are starting to take its toll. I have my fico score watch and the alerts are rolling in. My eq score was a 641 on 11-21 it is now 630 with a couple of accounts still to be added. But I hope going to garden for at least 6 mo my scores will come back strong.
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Moderator Emeritus
Posts: 14,051
Registered: ‎04-15-2011
0

Re: Oh No !! Scores are a dropping ....

Those scores will rebound quick, just sit in the garden awhile and you'll be fine.

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Regular Contributor
Posts: 187
Registered: ‎04-28-2012
0

Re: Oh No !! Scores are a dropping ....

If it is any consolation, my EQ dropped 7 points due to a new inquiry/card.  My TU will be dropping soon also due to another inquiry/card.  At least the inquiries resulted in new accounts.

 

I'll join you in the garden Smiley Happy

I used to post my scores here. However, I'm prone to motion sickness and the ups and downs were nauseating.
Contributor
Posts: 322
Registered: ‎10-19-2012
0

Re: Oh No !! Scores are a dropping ....


lylesvegas wrote:
Well after last week of apping the accounts and the inquiries are starting to take its toll. I have my fico score watch and the alerts are rolling in. My eq score was a 641 on 11-21 it is now 630 with a couple of accounts still to be added. But I hope going to garden for at least 6 mo my scores will come back strong.

Your lucky it only dropped 11 points, If it was me 1 app I would drop that same 11 points or more.  The higher your score is the harder it is to maintain it.  Don't worry though if you pay all your bills on time and garden for 6 months to a year your credit scores should increase... Tell yourself, no more apps till my score is over 700. Its better to have a score over 700 anyways you get better offers that way.

AMEX Platinum, AMEX Blue cash (10k), AMEX Delta (10k), US Bank Premier Line (14.5k), US Bank Cash + (7.5k), Chase Freedom (5k), Fred Meyer Rewards Visa (7.5k), US Bank Flex Perks Travel Rewards (5k), Discover IT (9.5k), Chase Sapphire Preferred (8k), Alerus Financial Visa Signature issued by Elan (10k), BofA Cash Rewards (10k), Citi Thankyou Pref (6.5k) TU FICO Score = 807, EQ FICO Score = 780, EX FICO Score = 780,
CreditKarma score = 785, CreditSesame score = 773, Vantage = 903
Contributor
Posts: 93
Registered: ‎11-21-2012
0

Re: Oh No !! Scores are a dropping ....

Agreed then.. I won't !!!!!!!!!!!:-)
Amex BCE...Amex ED...Barclay WMC...Priceline Rewards Visa...Cap One Venture...Total Rewards Visa...Wells Fargo Visa...Discover IT...Pay Pal Smart Connect...Overstock Store Card...Lowe's Store Card


Valued Contributor
Posts: 3,001
Registered: ‎02-09-2012
0

Re: Oh No !! Scores are a dropping ....

I've taken as much as a 27pt hit from a single INQ.

5/2012: 560 credit scores across the board
12/2014: 750+ scores across the board
Get those baddies removed!!!
Valued Contributor
Posts: 1,772
Registered: ‎10-28-2011
0

Re: Oh No !! Scores are a dropping ....


Repo-ed wrote:

I've taken as much as a 27pt hit from a single INQ.


Was this on TU98 model?

NFCU plat 5k | NAVCHECK 5k | NFCU cashrewards 15k | BOFA 123 6k |
Chase Freedom 1.5k | Amazon 3K | Walmart 3K | Buckle 300 | AMEX BCE 2.5K | CHASE CSP 12K | CITI sears 6k | Kay 2k

On the prowl for Chase Sapphire Preferred! APPROVED 12K!
scores 7/14 647 622 630 (85%util)
scores 8/14 767 760 758 Boom! finally in the 700 club
Valued Contributor
Posts: 3,001
Registered: ‎02-09-2012
0

Re: Oh No !! Scores are a dropping ....


rootpooty wrote:

Repo-ed wrote:

I've taken as much as a 27pt hit from a single INQ.


Was this on TU98 model?


It was either TU or EQ from here - can't recall fully, without looking up my journal entry.

 

5/2012: 560 credit scores across the board
12/2014: 750+ scores across the board
Get those baddies removed!!!
Contributor
Posts: 93
Registered: ‎11-21-2012
0

Re: Oh No !! Scores are a dropping ....

27 point hit !!!!!! That's scary !!!!

Amex BCE...Amex ED...Barclay WMC...Priceline Rewards Visa...Cap One Venture...Total Rewards Visa...Wells Fargo Visa...Discover IT...Pay Pal Smart Connect...Overstock Store Card...Lowe's Store Card


Contributor
Posts: 322
Registered: ‎10-19-2012
0

Re: Oh No !! Scores are a dropping ....


lylesvegas wrote:

27 point hit !!!!!! That's scary !!!!


Yeah but its normal, the higher the score the harder the hit.   That is why it is very hard to achieve a 800 credit score and still be alive. lol

AMEX Platinum, AMEX Blue cash (10k), AMEX Delta (10k), US Bank Premier Line (14.5k), US Bank Cash + (7.5k), Chase Freedom (5k), Fred Meyer Rewards Visa (7.5k), US Bank Flex Perks Travel Rewards (5k), Discover IT (9.5k), Chase Sapphire Preferred (8k), Alerus Financial Visa Signature issued by Elan (10k), BofA Cash Rewards (10k), Citi Thankyou Pref (6.5k) TU FICO Score = 807, EQ FICO Score = 780, EX FICO Score = 780,
CreditKarma score = 785, CreditSesame score = 773, Vantage = 903

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