I'm a little confused, i claimed bk. In Aug 2013. My credit score was in high 500s right after. Got a car through toyota financial December 2013, and a credit card with 300 limit from capital one in April 2014. Fast forward to October my credit score for eq. And tu. Hovering around 620/622. Got a pre approved offer from barclays in sept....decided to go ahead and apply- approved $750, in the meantime, capital one has given me a $2000 cli...woo hoo! Anyway check my credit score October 15th and my tu. Report went up 10 points when the inquiry from barclays showed up but once the new card started reporting my credit score with tu. Went down by 17 points?? Is this because of a new account? Utilization has remained no more that 20% for the past 3 months on all cards if not less...will it start going back up after the new account starts to age? By no means am I complaining because and am thankful for what I have with capital one being so trusting in me etc but I'm wanting a 650 credit score by april/ may 2015...think it's possible?
