Regular Contributor
Posts: 156
Registered: ‎06-01-2012
Re: 11 month or 1 year, does it really make a difference?

sunshine7157 wrote:
Believe it or not, yes that one month can make a pretty big difference. I'd wait that month. Keep in mind that once your new accounts are no longer considered 'new' in addition to the inquiries no longer factoring into your score, you just might see a pretty nice jump in score. Not only will that aid in your approval(s), but will also impact the credit line(s) you may be given. IMHO, wait for it..... Also, see if you can get your util to <5% just to give yourself that extra cushion. My score rises when I'm under 5%.

Thanks for the reply.


Yeah, what I plan on doing is getting like 1 or 2% util on my CC, which will report next month, which will also report the history as 1 year.  So overall, I'll have no recent inquiries, no new accounts, util under 5%, and no baddies (never had any anyways).  I'm hoping it will give me a signifcant boost, which would be great.