Guestimate of score due to new CC

TWMAZ · ‎03-21-2012

How many points do you think a new CC would drop a fico? I am at 719 across the board got a new AMEX T.E. limit 1200, utility is below 4%, I already took a 2point loss for HP any comments welcomed.

Dustink · ‎10-02-2012

How many lines of credit do you currently have and what is your current AAoA?

Too many INQs & low AAoA so I'm off to tend the Garden. Age:21 EQ: 642 TU: 677 EX: 665

$14k $8.5K $7.5k $7.5k $6.5k $6k $5k $5k $5k $5k NPSL @ 0%

cmthomas06 · ‎06-21-2012

It would be extremely difficult to guess any score change since the actual scoring model is not publicly available. If that is your only inq and your AAoA remains about the same, dont expect much of a change. Even if it does dip, your score will improve within 6 months.

Ex 752 (Amex) Tu 758 (Walmart) Eq 703
Goal: 750+ on all
Current Cards: Cap1 Cash Back; Chase Freedom; Citi Thank You; Citi Forward; Discover iT; Amex Zync; GE WalMart

creditnocash · ‎07-23-2012

Also depends if that card backdates.

Current: EQ FICO 690, TU FICO 692, Walmart TU 737 EX FICO 726 Amex Pull(1/1/13)
Starting total revolving credit: $2600 | Current total revolving credit: $21,600
Inquiries (12 Months): EQ 6 TU 4 EX 5 | Most Recent: 8/30/2012

2013 Goals:
Freedom Signature
Costco:True Earnings

Amex Zync(Unicorn)
Chase Freedom$1500
Citizens Mastercard$5000

bettercreditguy1 · ‎02-11-2012

I opened a new cc with AAOA of 12 yrs, and TU dropped 16 points. (Also new car loan two months before that), for total of 3 inquiries in about 20 months.

Starting scores 01/ 02/2012 EQ 707 TU 733 EXP 735 (FAKO)
Updated scores 05/01/2013 EQ 761 TU 780 EXP 788 (Exp. equivalency)

Remember the Three P's: Pay early in Full, Pay on Time, Patience

Understanding FICO® Scoring

Guestimate of score due to new CC

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Re: Guestimate of score due to new CC