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What a joke. FICO dropped 50 points in one hit.

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sarge12
Senior Contributor

Re: What a joke. FICO dropped 50 points in one hit.

This is because you just got three credit cards in a short time period. Bankers call this going on a credit card spree and consider you a higher risk because of the multiple new accounts in a short time period!

TU fico08=812 07/16/23
EX fico08=809 07/16/23
EQ fico09=812 07/16/23
EX fico09=821 07/16/23
EQ fico bankcard08=832 07/16/23
TU Fico Bankcard 08=840 07/16/23
EQ NG1 fico=802 04/17/21
EQ Resilience index score=58 03/09/21
Unknown score from EX=784 used by Cap1 07/10/20
Message 11 of 11
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