03-20-2013 02:26 PM
Adding a new CC doesn't always cause your FICO to drop. While it is well known that FICO benefits a lot with your first, and to a lesser degree second, CC, My FICO just jumped from 690 to 736 when I added a WM CC. It wasn't Util which stayed at 11%. The CL is .8k so my total CLs went from 52k to 53k.
However, this set of reasons is funny:
Your FICO score may have gone up because the following 2 factors are not hurting your FICO score as much as before:
See the "Extreme rebucketing" post for more background.
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