Gardening for 6 months credit score went down

noochski · ‎01-01-2013

I opened two CC accounts about 6 months for the purpose of rebuilding my credit and have never carried more than 20% balance and pay in full each month. Since opening these accounts I haven't had any new inquiries or changes to my CR but my scores went down between 7-15 points! Any idea on how this could happen?

TrishN · ‎01-01-2013

it could be some of old CO acount came off from your credit report,when CO credit card came off your CR that make your AAOA shorter.Or you just paid for CA or CO

10/2012 Started with 588 EQ Fico score and 20+ CA and CO
1750$ total CL
10/2013 in 700 Club
Personal :Total CL 196K
Business : Total CL 200K
Business LOC : 1M
Garden From 10/13/2013

Shogun · ‎01-02-2013

That's the rollercoaster ride. You'll find that scores seem to rise and fall for no reason you can figure out. Just keep paying your CCs and make sure it's current. It's nothing to worry about.

Starting Score: 504
July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge
Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

June 2017 update: All scores over 820, just pure gardening now.