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23pt Drop!

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Chrisla2077
Established Contributor

23pt Drop!

Though I know the rationale why....I o[pened a small secured loan with NFCU to aid my score. It reported (now 1 month after opening) and my score dropped 23 points. Reported to EQ and TU by the way. With on time payments anyone know how long it will take to go back up?

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DaBears
Senior Contributor

Re: 23pt Drop!

Give it 6 months you will recover just fine. Your AAoA was probably a factor.

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