07-14-2007 09:02 AM
07-14-2007 09:54 AM - edited 07-14-2007 09:55 AM
TCarson wrote:Is the FICO Score hit you take each time when applying for a new credit card consistent, or does it take a big hit at first and smaller as you apply for more cards? ... I know the added INQ's will make the score drop but I'm more interested in the "You recently opened a new credit account." effect of the New Accounts.
07-15-2007 08:28 AM
07-15-2007 06:25 PM - edited 07-15-2007 06:57 PM
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO