Received an alert from Score Watch yesterday that my EQ score had dropped from a 650 to a 631 when my Cap1 card finally reported. It's a partially secured card with a $200 limit and it reported a $15 balance. I have 2 other revolving accounts on my reports totaling $800 in TL. When my other cards reported I saw a few points drop, but nothing like this, 19 points. I suppose this is normal, just wasn't ready for such a significant drop from adding that one TL. I received the card in May, so when they did finally report, they reported 3 months of history all at once.
So all together from adding the 3 new tradelines in May, my EQ has dropped a total of 31 points. Is this about normal?
Yah, actually the new TL is the only account with a balance reporting, it's $15 of a $200CL. The other two cards are reporting $0 balance right now. Just seemed like a large drop. But adding the new TL would have effected my AAoA, but I opened all three in May, so there's not much AAoA to report as far as revolving TLs are concerned. As far as AAoA with all history, mine is over 9yrs
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