Established Contributor
Posts: 760
Registered: ‎02-11-2012
Re: BIG Score Drop w/ New Tradeline

That's about normal, Recently, I had 5 credit lines reporting a balance and I dropped 20 points. I am aware that my score will re-bound after the payments report next month. (I used some credit cards that are usually sock drawered so they would not get closed).

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