• You have a short credit history.
• You've recently been looking for credit.
• You have too many credit accounts with balances.
• You have not established a long revolving credit history.

So now my Eq FICO score is 650.  I was shocked and sadden by this news.  I have two more cc's that still has not reported yet (Discover More and Best Buy), which I'm afraid once they begin reporting, my score will tank even further.     So my question is....how long will it take for me to recover from all this?? I'm praying that it will only take six months.  I will be able to get my UTL back down by the end of next month which then I plan to only have one card report a balance which will be by Best Buy card because I purchased a computer with the 18 month finance deal.  Will my FICO score increase some after that...or do you think it will take six months to a year?  So shocking to see it tank like that.    

Oh also, I have no baddies, no late payments..  Clean report other than new accounts and inquiries.