YIKES! 39 point decrease!

cmthomas06 · ‎07-14-2012

Just got my updated score from Eq and it dropped 39 points from last month! I expected a decrease due to 2 new inquiries plus an increase of Util by 6%, but not expecting that much! Hopefully after Im done gardening for 11 more months it will be back up

Ex 752 (Amex) Tu 758 (Walmart) Eq 703
Goal: 750+ on all
Current Cards: Cap1 Cash Back; Chase Freedom; Chase Amazon; Citi Thank You; Citi Forward; Discover iT; Amex Zync; GE WalMart; BoA 3-2-1

Anonymous · ‎07-14-2012

Gosh dang that was a pretty hard hit indeed but yes I'm sure after a couple months it will start to creep upwards again a little at a time and in 11 months for sure it will recover!

llecs · ‎07-14-2012

Were there any new accounts associated with the inquiries?

greeneman21 · ‎07-15-2012

Man that's huge, you might want to double check if someting else didn't show up.

Wallet: NFCU CashRewards 35k-- USAA AMEX 28k-- USAA World MC 22k-- Discover IT 17.5k--Chase Freedom 23.5k-- NFCU NavCheck 15k

cmthomas06 · ‎07-15-2012

@llecs wrote:
Were there any new accounts associated with the inquiries?

yeah, both inq were for new cards (dicover more and Zync) so im sure some of it has to due with a decrease AAoA as well

Ex 752 (Amex) Tu 758 (Walmart) Eq 703
Goal: 750+ on all
Current Cards: Cap1 Cash Back; Chase Freedom; Chase Amazon; Citi Thank You; Citi Forward; Discover iT; Amex Zync; GE WalMart; BoA 3-2-1

crunching_numbers · ‎07-16-2012

Wow- that is huge! Maybe you should make sure nothing really bad hit you, like a collection.

Starting Score: 693 TU FICO, 679 EQ FICO
Current Score: FICO 8 = 844(9/15) EQ, 827 TU, 811 EX (7/15); mortgage FICO= 758 (9/15)EQ5, 797 TU4, 748 EX2 (7/15)
Goal Score: 750+, but shooting for the 800's
Hyatt Visa Sig ($23K), Amex BCP (24.8K), BofA Travel Rew Sig (22.5K), B&N World MC (22.3K), Amex RP Gold (NPSL w/ S&T), Cash+ Sig (20K),United Mil+ExpSig (16.3K), FNBO Visa (13.1K), Hilton Surpass (10K), Freedom Visa Sig (8.6K), Disc It (16.4K), Citi Dia Pref MC (3.7K),Sam's MC (10K), Wally (7.5K), JCP(5.3K), Costco (2K)