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Established Contributor
jcstarkey8826
Posts: 704
Registered: ‎06-01-2012
0

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
Jlu
Posts: 582
Registered: ‎06-12-2012
0

Re: anyone want to take any guesses?

over 9000 points

 

for sure.

Wallet: JP Morgan Select $10k | CSP $10k | Citi TY Premier $7k | AMEX SPG $5k | AMEX PRG NPSL | Barclaycard $5k | Discover IT $10k | Chase Freedom $3k | CapOne Quicksilver $3k | BofA Cash Rewards $8k | Walmart Card $5k | Amazon Card $10k | Chase Auto 1.49% | Joined myFICO 6/12 with a 540 FICO & now I'm over 750! The membership has more than paid for itself!
Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
0

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+

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!
Established Contributor
djrez4
Posts: 504
Registered: ‎08-28-2012
0

Re: anyone want to take any guesses?


Jlu wrote:

over 9000 points

 

for sure.


Way low.  Eleventy-billion, easy.

Contributor
SpiceIslander
Posts: 328
Registered: ‎02-01-2010
0

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: 04/2014 - TU 765 | EQ ??? | EX 768

Amex BCP 12900 | Lowes 10,000 | LOC 9300 | Sallie Mae/Barclays World MC 9000 | FNBO 8900 | BOA Platinum+ 6000 | Citi Simplicity 5200 | Chase CSP 5000 | Achieva CU 4000 | Discover 4000 | Sam's Club 3000 | Sears 900
New Contributor
ntx
Posts: 64
Registered: ‎08-02-2012
0

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
creditnocash
Posts: 2,236
Registered: ‎07-23-2012
0

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 689 8/14 Walmart Fico 689 9/14

Inquiries (24 Months): EQ 3 TU 0 EX 0 | Most Recent: 09/05/2014


2014 Goals:
Lower Utility
47%(OUCH!!)
Freedom Signature

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000
Moderator Emeritus
llecs
Posts: 32,881
Registered: ‎08-04-2007
0

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
jcstarkey8826
Posts: 704
Registered: ‎06-01-2012
0

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
westo12
Posts: 579
Registered: ‎07-20-2008
0

Re: anyone want to take any guesses?

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

2014 Starting-618, current TU638 (DiscTU 8/20) / Ending Goal score: 720 / 26 Positive TLs / 1 Negative: Unpaid $312 med CA placed 2010 / reported Install Bal/Lim: 17885/28512 | reported Revolving Bal/Lim: 12475/21082=59%util.

**IN the garden until I get some auto CLI's on major accts**

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