Established Contributor
Posts: 760
Registered: ‎02-11-2012
Re: Yet another UTL question

The recent inquiries and new credit will ding your score for a year or so. As to which card "reports" it does not matter. The formula is mathmatical, not product oriented.Best if possible to go into a no new credit mode for a year or more before apping for a mortage. As far as maximizing your score, I wouldn't be too concerned on how many credit cards show a balance on your report at this time. When you get ready to purchase your house, then focus on only having one or two cc's report a couple of months or so before you app so your score will be nearer the top.

Starting scores 01/02/2012 EQ 707(Fico) TU 733(Fico) EXP 735 (FAKO)
Updated scores 06/01/2014 EQ 797(Fico) TU 768(Fico) EXP 769 (Fico), EQ 849 (Next Gen 5/27/14 Penfed)

Remember the Three P's: Pay early in Full, Pay on Time, Patience