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Regular Contributor
Settemio
Posts: 222
Registered: ‎01-08-2011
0

35 point drop adding a Chase card

My EQ score was 809 yesterday... today it tumbled to 774. The only change was my Chase card I added reported. It has a $250 balance with a 34,000 CL. My % is 0%. Not sure why it would drop that much just by adding one card.

 

Moderator
guiness56
Posts: 22,406
Registered: ‎01-17-2008
0

Re: 35 point drop adding a Chase card

Generally,  the higher your score the bigger an impact adding a TL will have.  Or anything for that matter.

 

How much did you lose for an inquiry?

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Valued Contributor
user5387
Posts: 1,794
Registered: ‎07-01-2010
0

Re: 35 point drop adding a Chase card


Settemio wrote:

My EQ score was 809 yesterday... today it tumbled to 774. The only change was my Chase card I added reported. It has a $250 balance with a 34,000 CL. My % is 0%. Not sure why it would drop that much just by adding one card.

 


I was in a similar position recently, and lost 4 points with a new HP / TL.

 

What happened to your AAoA with this new TL?

 

What about utilization?  I expect your overall utilization is low, but what about the proportion of CCs reporting a balance?

 

Regular Contributor
Settemio
Posts: 222
Registered: ‎01-08-2011
0

Re: 35 point drop adding a Chase card


user5387 wrote:

Settemio wrote:

My EQ score was 809 yesterday... today it tumbled to 774. The only change was my Chase card I added reported. It has a $250 balance with a 34,000 CL. My % is 0%. Not sure why it would drop that much just by adding one card.

 


I was in a similar position recently, and lost 4 points with a new HP / TL.

 

What happened to your AAoA with this new TL?

 

What about utilization?  I expect your overall utilization is low, but what about the proportion of CCs reporting a balance?

 


As stated in my original post, my util % is 0%... my AAoA is only .1 different. It was 6.3 years, now it is 6.2.... Also, the HP wasnt against EQ so that has no affect. They pulled EX. This drop was against EQ.


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