Credit Cards

[goose1]

Asking for help fellow ficoer's.  I was at 788 in Equifax for a while with AAoA at 5.7, oldest account 15 years, UTI less than 1% and no negatives at all.  So I applied for Discover IT and approved but the account hasn't shown up yet, but only the INQ which stands at 3.  I recently paid off a loan which brought my revolving accounts down to 2 ( was previously getting negative indicators because I had 3).  Long story short (too late I know) but now my EQ FICO is 762.I'm deploying for the next 7 months so its not huge but plan on buying a home when I return and want the best rates.  Can anyone point me in the right direction as to what happened?

[goose1]

Sorry...It's down from 788... Thats 26 points...any ideas?

[creditnocash]

was it a new auto loan? 

maybe the drop in aaoa from the discover? 

over times it will grow again. 

even with a 750 you can get the best rates i believe. 

[goose1]

The INQ was for a new Discover CC, the INQ showed up but account hasn't hot yet so I'm very curious.  I know its greedy to nit-pic about such things but I am blown away by the real FICO score loss

[adavis425]

Inq usually shows up first. Don't know that it would cost you 26 points though. You sure nothing else is going on?

[LIGHTNIN]

Locked thread to direct others to your thread here:

http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/What-did-I-do/m-p/1636548#U1636548