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anyone want to take any guesses?

Established Contributor

anyone want to take any guesses?

My current AAOA is 4 years with oldest being 7 years.

 

I just applied for and was approved for 3 new CC's... when they show up Im expecting a HUGE drop in my scores. I was going to attempt a CLI on my charter one card at the 9 month mark (when they said I was eligible for it) but I dont want to do that with damaged scores. So I'll probably wait until April to age and inqs to fall.

 

Sound good? Any guesses as to what my score will tank to? lol

In my wallet: Discover it 6800 CL, Capital One Quicksilver Sig 5k CL, Chase Freedom 4k CL, GCU Patinum Visa 1500 CL
13 REPLIES
Established Contributor

Re: anyone want to take any guesses?

over 9000 points

 

for sure.

AMEX SPG $30K | Citi TY Premier $20k | PenFed PlatRewards $25k | Barclay Arrival+ 40k | Chase Freedom $20k | BofA AMEX $15k | Discover IT $20k | | NASA Platinum-Advantage $20k | CapOne Quicksilver $15k | Amazon Card $10k |

My Journey from Sub-600s:
Moderator Emeritus

Re: anyone want to take any guesses?

You'll take a bit of a hit for AAoA and your inquiries but these are necessary to grow.  Good luck in the garden.

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

June 2017 update: All scores over 820, just pure gardening now.
Highlighted
Established Contributor

Re: anyone want to take any guesses?


Jlu wrote:

over 9000 points

 

for sure.


Way low.  Eleventy-billion, easy.

Frequent Contributor

Re: anyone want to take any guesses?


Jlu wrote:

over 9000 points

 

for sure.


Smiley LOL I have no idea but I'm in the same boat. I have 3 new lines and know I'll take a hit for AoA & inquiries. I hoping the much lower utilization will offset the points at least partially.

Meg.

FICO: 4/2016 - TU 841 | EQ 840 | EX 837

FNBO 23,600 | Amex SPG 13,900 | Amex BCP 13,400 | Barclays/Sallie Mae13,000 | Discover IT 12,500 | Lowes 10,000 | PLOC 9,300 | NASA FCU 8,700 | Citi Simplicity 6,200 | BOA Platinum+ 6,000 | Achieva CU 5,500 | Chase CSP 5,000 | Sam's Club 3,000 | Sears 900
New Contributor

Re: anyone want to take any guesses?

I have 5 new lines out of 8 apps from August - only had one card & auto loan before, so thin file. BK7 in 2005.

 

EQ went from 684 to 672.

TU went from 688 to 696. 

Just put $3.8K on one card for income tax for last year, to be paid over the next 3 months.

 

I'm expecting a nosedive when that hits, but I'm in the garden for now anyway.

Valued Contributor

Re: anyone want to take any guesses?

just a warning jc. ive read (through google searches) that they do a hardpull when you ask for a cli. 

 

 

Current: Discover Fico 709 3/15 Walmart Fico 743 4/15

Inquiries (24 Months): EQ 6 TU 1 EX 6 | Most Recent: 4/09/2015
Over 12 Months:9


2015 Goals:
Lower Utility
Earn Cash Back

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$7,400
Citi DC $10,000
Citizens Mastercard$7,000
Moderator Emeritus

Re: anyone want to take any guesses?

Will AAoA (as seen by FICO) drop? Not enough info. Assuming you aren't rebucketed, and assuming you haven't applied for or received anything new in over a year (assumption), I'd guess 25-30 loss on FICO in total. If rebucketed, then up to 40-50 (happened once when adding 3 new TLs...was 100% baddie free and hadn't app'd for anything in over a yr at that point). This is all outside any consideration of any util change, which would impact these numbers, for good or bad.

Established Contributor

Re: anyone want to take any guesses?


llecs wrote:

Will AAoA (as seen by FICO) drop? Not enough info. Assuming you aren't rebucketed, and assuming you haven't applied for or received anything new in over a year (assumption), I'd guess 25-30 loss on FICO in total. If rebucketed, then up to 40-50 (happened once when adding 3 new TLs...was 100% baddie free and hadn't app'd for anything in over a yr at that point). This is all outside any consideration of any util change, which would impact these numbers, for good or bad.


I have applied for 2 CCs in the past year before these. I have a charge off so hopefully I wont be rebucketed. Either way im interested to see what happens. My WM card shows already with no drop in score, but I have 2 more coming :/

In my wallet: Discover it 6800 CL, Capital One Quicksilver Sig 5k CL, Chase Freedom 4k CL, GCU Patinum Visa 1500 CL
Established Contributor

Re: anyone want to take any guesses?

Ok, it's been a week, lol. Any updates?

Chap7 discharge 7/29/15
Fico 11/20: TR:595(high util)
Cap1(Plat+QS) 3500+2500/Merrick 1000/Express 1100.