New Contributor
Brandnick
Posts: 85
Registered: ‎11-07-2012
Re: Short term impact on credit score
[ Edited ]

In the short term

 

The following would happen

an hard inquiry - small score decrease 

New account - decrease in your score( due to a reduction in your average age of accounts) 

 

However the good news is that it's will all get better within months a rule is dont app for anything atleast 6 month before going for a mortgage 

 

 

 

 

 

 

 

Current Score: 771 - 11/21/2012/ Amex Pull
Late Payment: 0 / Collections: 0
AAOA: 6.3 Years

"My Scores Yesterday or Last week or even Last month has no value when applying for credit today. The value is not in my score but the information in my credit file. Once the information is good the score will follow"