Paid the deposit on a cap 1 secured card Friday ($99 deposit, $200 CL) and also completed the fingerhut fresh start acct and will be going into a revolving acct with them soon. Had a first premier card get CO last year around august, settled in Feb and when it reported $0 and settled it caused a 30 pt drop (it was the only revolving acct) so i'm curious if when the Cap 1 reports and the fingerhut revolving acct reports (it's currently reporting as an installment loan) if my husbands score will go up or down. I was thinking it would go down initially bc of his AAoA taking a hit (it's only like 1.4 yrs right now) but i've read in the forums the past couple days revolving accts reporting could cause an increase? I should probably expect a slight drop in his though huh since his AAoA is only a little over a year..
