Frequent Contributor
Posts: 367
Registered: ‎06-02-2008
Re: Credit score dropped opening new cards

You will tend to see a drop in your scores due to the HPs on your CRs.  The higher your score the harder the hit, same goes for the amount of INQs already on your report, the more you have, the softer the blow.  Either way, TLs and/or CLIs generally will have an overall POSITIVE effect on your score in the long run.  Like everyone else said, within 6 months your scores should recover from the INQs and be higher because you have more credit to your name.

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