Credit Cards Center Credit cards from our partners
Reply
New Contributor
Posts: 72
Registered: ‎07-03-2007
0

SCOREWATCH DROPPED WITH NEW HSBC CC

My score went down from 646 to 641Smiley Sad 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 againSmiley Mad 
 
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
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
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
Posts: 905
Registered: ‎05-09-2007
0

Re: SCOREWATCH DROPPED WITH NEW HSBC CC



2IMPROVE wrote:
My score went down from 646 to 641Smiley Sad 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 againSmiley Mad 
 
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
Posts: 72
Registered: ‎07-03-2007
0

Re: SCOREWATCH DROPPED WITH NEW HSBC CC

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

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

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com 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.