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Frequent Contributor
fuzzybean
Posts: 309
Registered: ‎04-04-2012
0

How long until score bounces back up?

I got a new Macy's card recently and it just started showing on my CR.  My TU score dropped 6 points.  How long does it take to bounce back up?

Valued Contributor
madmann26
Posts: 1,453
Registered: ‎08-30-2012
0

Re: How long until score bounces back up?

It should recover after the next cycle. 6 points is for the new tradeline being opened. Don't even sweat it.


Starting Score: EQ 511 TU 552 EX 545 8/29/2012
Current Score: TU 712|EQ 690|EXP 723 (FICO)
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Frequent Contributor
fuzzybean
Posts: 309
Registered: ‎04-04-2012
0

Re: How long until score bounces back up?

Good to know!  Thank you.

Established Contributor
namvet
Posts: 866
Registered: ‎09-22-2011
0

Re: How long until score bounces back up?

IME the recovery time has been 3-6 months. 

Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
0

Re: How long until score bounces back up?


namvet wrote:

IME the recovery time has been 3-6 months. 


Within 6 months it will have made up for that drop, and be adding more points to it.


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+

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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!

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