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New Contributor
2IMPROVE
Posts: 72
Registered: ‎07-03-2007
0

SCOREWATCH DROPPED WITH NEW HSBC CC

My score went down from 646 to 641:smileysad: I am trying to improve my credit, and I have a target account that has not showed up on my report yet, so it will probably drop again:smileymad: 
 
Can someone tell me how long it will take before the new cards start increasing my score.
 
Credit Picture:
 
BofA Visa $2000  $193.00 bal  since 2/07
HSBC Visa $300 0bal since 4/07
HSBC MC $750   0bal  since 6/07
Jc Penny $150 (AU)  0bal  since 6/07
 
CA $218 PAID
CA $199 PAID
 
Mortage current for 2yr sent GW on old history
Car current 2yr sent GW on old history
 
3 Paid Tax Liens
 
 
Member
powerup
Posts: 47
Registered: ‎07-18-2007
0

Re: SCOREWATCH DROPPED WITH NEW HSBC CC

For me, It took about six months for my CCs to start helping my score.
New Member
j_ten_man
Posts: 17
Registered: ‎07-20-2007
0

Re: SCOREWATCH DROPPED WITH NEW HSBC CC

It took about the same for me. It usually takes about 6 months because you need to build some positive history on the account.
Established Contributor
FICO_Focused
Posts: 905
Registered: ‎05-09-2007
0

Re: SCOREWATCH DROPPED WITH NEW HSBC CC



2IMPROVE wrote:
My score went down from 646 to 641:smileysad: I am trying to improve my credit, and I have a target account that has not showed up on my report yet, so it will probably drop again:smileymad: 
 
Can someone tell me how long it will take before the new cards start increasing my score.
 
Credit Picture:
 
BofA Visa $2000  $193.00 bal  since 2/07
HSBC Visa $300 0bal since 4/07
HSBC MC $750   0bal  since 6/07
Jc Penny $150 (AU)  0bal  since 6/07
 
CA $218 PAID
CA $199 PAID
 
Mortage current for 2yr sent GW on old history
Car current 2yr sent GW on old history
 
3 Paid Tax Liens
 
 



Continue to perform as you have, and your scores will jump consistently...
 
Keep fighting the good fight!
 
Rob
New Contributor
2IMPROVE
Posts: 72
Registered: ‎07-03-2007
0

Re: SCOREWATCH DROPPED WITH NEW HSBC CC

Thanks for the encouragement:smileyhappy: I can't wait to see what my scores will look like in 6 months.

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