01-04-2013 03:50 PM
01-04-2013 03:53 PM
What in god's name is net spend? I got an offer in the mail from them, seem kind of fishy, tossed it to the shredders then burnt the remains.
01-04-2013 05:48 PM
First they sent down after an app spree. Total drop of 10 points each. Got approved for several cards, cap one MasterCard, Walmart card, amazon, applied bank (**bleep** card) not worth applying for the last one. Went from 200 to over 2000 CLI. I figured my scores would drop further cause of AAoA going down. Nope, went up from 627 to 639 and 623 to 632. I'm confused, why the increase? I went from 4 inq to 11+ on each report. I'm not even over a year since last late, .9 months since last negative. AAoA did drop yet I can't add this all up, please help explain? Thank you.
Are you looking at a FICO score?
Are you comparing the same FICO in the before and after?
Did you have any CCs prior to these?
Did all of these report?
Did util improve due to their reporting?
01-04-2013 06:34 PM
01-04-2013 06:39 PM
Because you have new positive TLs, it takes generally 3 revolving to get the max advantage of them for your scores. You have that now.
01-04-2013 06:43 PM
And each CC is reporting now?
If so, sounds like there's an improved mix of credit, especially after only having one CC. I started with 0 CCs. I saw a gain with my first 3 added, and lost points on the rest.
Copyright ©2001-2013 Fair Isaac Corporation.
All rights reserved.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.