@thom02099 wrote:Three new Tradelines from apps in January reporting before I even received the cards!
Merrill Lynch reporting as BofA account, got the (wrong) card the same day that the TL reported, called them up, awaiting a replacement (correct) card. No change in scores (FICO)
Chase Slate Visa reporting already, 5 days after approval, and before the card even arrives. 3 point drop in score (FICO)
IberiaBank Select VIsa also reporting as of today, still waiting for card to arrive! 1 point drop in score (FICO)
All of these were notices from SW, as well as direct from the Experian site. No change whatsoever at EX site with 3 new TL. Yup, it's a FAKO, but I expected a bit of a downward bump. But nada happened!
That is completely shocking that the postal service isn't faster than the electrons in the internet!
Oh wait, no it's that other thing - completely believable and expected.
My DCU account showed my 10K available balance on the new credit line within seconds of me clicking the "accept" button. It did take a couple of days to get the card in the mail.
All kidding aside, I would expect the CCC's to send out immediate updates to the CRA's for a new TL. Wouldn't do to let someone rack up multiple credit cards within the month without new applications being able to see the increased risk of the new lines.
Within the last week I applied for CSP, Chase Freedom, Chase Marriott Rewards, and AMEX BCE. I have been using CitiCard's identity watch and as I was apping for the first card within minutes my phone buzzed with an email identifying me that a new line had been reported. They are definently quick with reporting things, at least at Chase!
CURRENT: TU: 739 (FICO 5/13) | EQ: 711 (FICO 2/13) | EX: 725 (PLUS 5/13) in the garden since 3/9/2013