01-07-2013 10:15 PM
So I got a little App happy after I got approved for a JCP card in September. I had a slight bump and got overzealous.
What I am trying to figure out is now that I am working on my credit improvement, my TU is now 603 and my EQ is 594. Both should be higher soon with a Chase charge off to be falling off soon. How strongly will those be held against me if in the next 10-12 months I am in the 700 range?
01-07-2013 10:24 PM
01-07-2013 10:28 PM
01-07-2013 10:30 PM
A capital one, chase, usaa.
So it's possible to have my score siginificantly go up, i.e. 700 in the next year but those hard inquiries to cause me to get declined if I would otherwise be approved for a credit card or a better rate on a car?
01-07-2013 10:36 PM
Inquiries are highly overrated by some members. It is actually very low in the scoring process. After 6 months, they lose some affect, after a year, they're not included in scoring.
01-07-2013 10:37 PM
01-07-2013 10:43 PM
Thanks for the heads up. I didn't think they were quite the boogeyman that some people made them out to be.
Gardening is the process of not applying and getting other accounts, limits , etc under control right?