8 new accounts

[ChistineNJ]

how much of a score decrease should i be expecting? just came off of a app binge as new accounts are being added my fico is loosing points just added 25k in revolving debt. and 15k loc..as of now only planning to use the accounts and PIF to keep them alive

[myjourney]

Depends on a lot of factors including thick or thin file 

A thick file may see very little change whereas a thin file could bottom out 

But in general you can expect:

2-5 points per HP

2-5 points per new TL reporting 

As always YMMV

The good news is either way in 5-7 months you should recovery the loss and within say 12 month's your file should be even stronger 

[ChistineNJ]

on my eq ive had 4 HP loss 1pt but now the account are being inserted 2 new accts cost me 4pts so ive lost 5pts so far and i have 6more accts to go...

i have a 2yr old BK ive been rebuilding for the last 24months. im def not app for anything more.

[Anonymous]

I am following this thread as I wonder, too. So far two new inquiries and two new accounts have raised my TU score. Isn't that weird? Wait until the other three hit. Like I said, I am following your thread.

In my wallet: Quicksilver 5000; Venture 15,000; Barclay Apple Rewards 2000; CareCredit 3300; Bank of America Platinum Visa 2000; Bank of America Travel Rewards 3500; Bank of America Travel Rewards 3500; Amazon Store Card 5000; Discover 10,000; Barclay Ring Platinum MasterCard. 12,500. Total Credit: 61,800.
6/27-FICO: EQ - 789; TU - 781; EX - 681; GOAL: 780 across the board then 800 across the board. Inquiries: EQ: 4; TU: 6; EX 7; Chapter 13 seven years May, 2015. Reset my garden date to 6/27. Gardening until further notice.

[ChistineNJ]

my TU report is my best report score wise, after my cr has updated i will recap the gains and losses