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My scores dropped . . .

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azsassycat
Frequent Contributor

My scores dropped . . .

Hopefully this is just a short-term drop
 
The only thing I see different are below:
 
1.  Mortgage is now showing on all three credit reports
 
2.  Utilization on EQ went from 23.4% to 37.6%
 
3.  Utilization on EX went from 23.4% to 61.6%
 
4.  Utilization on TU went from 23.4% to 37.6%
 
5.  Two additional inquiries on EQ - one from bank (checking account) and one from city (utility account)
 
Should my scores recover quickly if I get the utilization down?
 
Thanks-
10/22/07 (FICO) EQ 544 EX 520 TU 518
03/04/08 (FICO) EQ 606 EX 599 TU 601
04/24/08 (FICO) EQ 600 EX 580 TU 608
06/02/15 (FICO) EQ 578 EX 561 TU 589
Message 1 of 2
1 REPLY 1
Anonymous
Not applicable

Re: My scores dropped . . .

By quickly...you mean with a month...most companies should have reported by now...so if you pay your UTL down...you will see the increase next month...
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