Regular Contributor
cd2004
Posts: 147
Registered: ‎07-19-2010
Re: Credit score dropped opening new cards

I think it depends if you will see a score drop based off your current file. For instance, I just got approved for 3 store cards and I was thinking that i would take a big hit after I lost 7 pts due to inquiry from Victoria secret. Low and behold 2 of those cards were added to my report this week and I received a 12 pt increase. I think because I did not have any store cards in my file it helped me and lowered my util. I still have 2 chargeoffs and judgment on my report.

Starting scores Jan 2011: EQ: 510(fico) TU:521(fico) EX?
June 2014 scores EQ08:683 TU08:667 EX:651(amex)
Goal: 700's

in my wallet:BarclayMR $7k/CareCredit $7k/DiscoverIT $6k/Ashley furn. $5k/Springstone $5k/Kanes furn $3.5k/Walmart $2.7k/Cap 1 Plat.$ 2.5k/JCP $2.5k/Chase freedom $1.7k/TJX $1.7k/Cap 1 cash $1.5k/Amex delta $1k/Victoria $950/Paypal $800