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New account

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antdave93
Regular Contributor

New account

When a new account is open without a hard inquiry using the shopping cart trick, how does it affect your credit scores different?

Do you still lose points with the aaoa being lowered?

Message 1 of 5
4 REPLIES 4
guiness56
Epic Contributor

Re: New account

You don't lose points for the HP but, yes, you could lose points for AAoA.  You could gain points when the TL reports.

Message 2 of 5
antdave93
Regular Contributor

Re: New account

So who wins? Aaoa or new TL reporting?

+\- ?

Message 3 of 5
guiness56
Epic Contributor

Re: New account

You never know.  YMMV because your entire credit profile is taken into account.

 

AAoA loss would probably be very small.

Message 4 of 5
antdave93
Regular Contributor

Re: New account

Thx guinness

Message 5 of 5
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