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03-29-2007 06:54 AM
03-29-2007 09:13 AM
03-31-2007 04:39 PM
04-02-2007 12:02 PM
04-02-2007 12:48 PM
I have a question about the inquiry. We did not request the increase. The credit card company just notified us that they raised our limit. I can see how inquiries are a bad thing, but what if we have no control over them?
Also our utilization is under 20% and should be down to near zero in two months. I am curious how the scores will change after the fact.I would have said your score would probably increase but due to a recent alert on my file after one card reporting zero balance, after a small 32.00 balance, I received a notice of a 3 point drop in score. Nothing else chagned except maybe the anniversary month that my BK was discharged. This could weigh into it since FICO has several different scoring ranges assigned. I have even heard of a bankruptcy falling off and a major score decrease because you are no longer rated among people who have a BK on file.In other words, the affects would be anyone's guess.
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