cancel
Showing results for 
Search instead for 
Did you mean: 

Score went up with 2 new cards add!

tag
crosbyk1
Frequent Contributor

Re: Score went up with 2 new cards add!

I think it makes sense. So if you have clean reports little changes can effect your score in a greater way.

Starting Score: 744
Current Score: 744
Goal Score: 800


Take the FICO Fitness Challenge
Message 11 of 14
creditwherecreditisdue
Senior Contributor

Re: Score went up with 2 new cards add!


@crosbyk1 wrote:
I think it makes sense. So if you have clean reports little changes can effect your score in a greater way.

 

Yes. In a greater way that the same change in UTIL would if you were in a negative scoring bucket.

 

Could a 1% change in UTIL alone account for a 15 point change? Maybe not. It would seem to me that something aged too.

Message 12 of 14
Anonymous
Not applicable

Re: Score went up with 2 new cards add!


crosbyk1 wrote: 
Does having the Amex charge card help scoring?

Perhaps so.  What cc's did you have before you added these two?

Message 13 of 14
crosbyk1
Frequent Contributor

Re: Score went up with 2 new cards add!

Cards open=

Chase   6k

Cap       2k

Nord V   4k

BB   3.6k

Macy's        8.3k(has not reported new CL) 

Wave CU    3k

Amex   ?k 

 

Cards Closed=

Credit One  750

Hsbc          1k

WaMu        1.5k 

 

LOC Closed=

  6K(My mom did this to get my credit started) 

 

And One Installment loan

 

That is the basically what is on my credit report.  

 

 


Starting Score: 744
Current Score: 744
Goal Score: 800


Take the FICO Fitness Challenge
Message 14 of 14
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.