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Established Contributor
Posts: 710
Registered: ‎06-01-2012
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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: GCU Patinum Visa 1500 CL, Charter One Platinum Rewards 500 CL, Chase Freedom 800 CL, Wal Mart Discover Card 6300 CL, Kay Jewelers 3000 CL
Established Contributor
Posts: 932
Registered: ‎06-12-2012
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Re: anyone want to take any guesses?

over 9000 points

 

for sure.

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Moderator
Posts: 13,761
Registered: ‎04-15-2011
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Re: anyone want to take any guesses?

[ Edited ]

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+
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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!
Established Contributor
Posts: 504
Registered: ‎08-28-2012
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Re: anyone want to take any guesses?


Jlu wrote:

over 9000 points

 

for sure.


Way low.  Eleventy-billion, easy.

Regular Contributor
Posts: 369
Registered: ‎02-01-2010
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Re: anyone want to take any guesses?


Jlu wrote:

over 9000 points

 

for sure.


:smileylol: 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: 03/2015 - TU 768 | EQ 783 | EX 775

FNBO 15,100 | Barclays / Sallie Mae World MC 13,000 | Lowes 10,000 | LOC 9,300 | Amex BCP 7,200 | BOA Platinum+ 6,000 | Amex SPG 5,700 | Achieva CU 5,500 | Discover IT 5,500 | Citi Simplicity 5,200 | Chase CSP 5,000 | Sam's Club 3,000 | Sears 900
New Contributor
Posts: 66
Registered: ‎08-02-2012
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Re: anyone want to take any guesses?

[ Edited ]

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
Posts: 2,280
Registered: ‎07-23-2012
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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$6,400
Citi DC $10,000
Citizens Mastercard$7,000
Moderator Emeritus
Posts: 32,869
Registered: ‎08-04-2007
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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
Posts: 710
Registered: ‎06-01-2012
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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: GCU Patinum Visa 1500 CL, Charter One Platinum Rewards 500 CL, Chase Freedom 800 CL, Wal Mart Discover Card 6300 CL, Kay Jewelers 3000 CL
Established Contributor
Posts: 584
Registered: ‎07-20-2008
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Re: anyone want to take any guesses?

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

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