Effect of no new credit for a year

[MidnightVoice]

TU minus 7

EQ minus 5

EX minus 5

I particularly like the EQ drop - as the newest account aged to over a year they reduced my score because I had a new account.  This was not a problem before the account had its first birthday 

[marty56]

I will be in the same boat in June with no new account younger then 1 year and no INQs under 1 year. I was hoping for a small gain in my scores.

LOL I'll be happy if they just stay where they are.

No good FICO deed goes unpunished .

[haulingthescoreup]

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MidnightVoice wrote:

TU minus 7

EQ minus 5

EX minus 5

I particularly like the EQ drop - as the newest account aged to over a year they reduced my score because I had a new account.  This was not a problem before the account had its first birthday 

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That's what you get for being a FICO High Achiever! Congrats, I think.

[MidnightVoice]

Basically I think my TU and EQ will be static for years.  I have a couple of dreaded "Financials" there that won't go away for years, and only one AC is due to drop off this year, so I am stuck with 20 TLs.  I don't PIF in advance, so nearly all my cards show a balance every month.  My car loan is 25% through, and that might improve things just a little.  But as TU is 780+ and EQ is 790+, I am not bothered - they are good enough  

EX is <740, but that one will steadily improve as my HELOC gets paid off.

And I only have 1 inq that counts (EQ - March drop off) 

[haulingthescoreup]

Still say re-do'ing the HELOC to get a $40K+ CL (or whichever it takes for EX to count it as revolving) would spare you some grey hairs, but as you say, since you're not doing the app'ing dance, it's irrelevant.

Congrats on reaching the high score flatlines. You and psychic can commiserate.

[MidnightVoice]

I might be doing that at some point - need to replace the decks