I recently applied for a personal loan in february and was approved for $2000. MY fico scores before the loan showed on credit report was TU 701 EQ 684 EX 674. I also paid down most of my credit cards. I just checked my scores on Thursday and its showing my scores as TU 739 EQ 696 EX?. It also so my credit cards debt as $219. The loan showed on credit report in February 27 and I check scores on March 27.Did the personal loan made my scores go up? Or will it drop my scores?
No, the personal loan hasn't done much to help your scores at this point. In fact, I would be willing to bet that the impact it had on your FICO scores was a negative impact. The increase was caused by lower revolving utility. Congrats.
Starting Score: 469