Moderator Emerita
Posts: 28,095
Registered: ‎04-01-2007
Re: Credit Score
Sometimes it doesn't drop at all! If it drops, it's probably around 10 points max for most people, and then it will probably be back where you started after 2 or 3 months (reporting cycles), and start improving beyond that. Unless you got 7 new accounts pretty much all at once like I did.

This can vary according to your overall credit profile. If you have a long and stable history with high scores, you might well get hit harder. If you barely have any credit at all, there might be no change or an immediate rise.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007