can applying for a credit card raise a credit score?
10-06-2012 05:37 PM
I applied for and was approved for a Cap1 credit card with a $1,000 balance on 8/30. Nine days later I got a score watch alert that my EQ score went up 19 points. This is before I even received the card.
The jump in my score can not be due to applying and receiveng credit, can it? I'm guessing its from some old derogs falling past the 4 years old but wanted to see if anyone might know.
ty in advance
Starting Score: EQ 609 EX 570 TU 656 March 2012
Current Score: EQ 681 EX 691 TU 711 CH 7 BK Dec 2008
Goal Score: all 3 700's.
Quicksilver $3000 Discover IT $1500 Barclays NFL $1250 Walmart $1400 CL Applied Bank $300 (secured)
Take the FICO Fitness Challenge
In the Garden till 12/14