Credit Card Center Advertiser Disclosure

Frequent Contributor
Posts: 285
Registered: ‎03-29-2008
0 Kudos

How do you think 2 hard inq coupled with lower utilization will affect my FICO?

In the past month, I applied for and got 2 new credit cards. I did not add any debt, actually decreased it by a few hundred. Here are my numbers.
Before the new cards
Balance: $21,629      Available: $30,300       Utilization: 71%
After the new cards
Balance: $19,500      Available: $44,800      Utilization: 44%
I did not apply for any other credit (no denials). I am curious what you think this will do to my credit score. (All I have is the FICO that WAMU has. It was 619. 2 inquires damage vs. greatly increase utilization.
Also, do I have to charge something on both cards before they report to the credit organizations.
Frequent Contributor
Posts: 285
Registered: ‎03-29-2008
0 Kudos

Re: How do you think 2 hard inq coupled with lower utilization will affect my FICO?

Sorry this posted twice in this section - internet explorer page didn't load afterwards, so I thought the message didn't get sent. (I had saved the message in my clipboard first in case that happened.)

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.