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This LOC, if reporting as revolving, must have really lowered your cumulative util%. Nice, very nice!
rrm wrote:
what happened to me this week may say it all....last Thursday, i got a signature line offer, and i applied and got 10k limit but took no money yet.over the weekend, i was regretting (was going to call and have new LOC closed) the new credit because i just got my mid-score from 651 to 711 over the last few months....figuring the new credit would cause my score to go down.yesterday, i get an equifax alert that the new LOC reported and my score went up to 713, up 2 pts.