New Visitor
Posts: 760
Registered: ‎02-11-2012
Re: Does 6 months have an effect?

I opened three new accounts  in the last twelve months, two car loans and one credit card. Account one hit one year this month and I got a few points returned.  The last opened account will be one year old in Nov.  I anticipate all points returning by then. At this point I am still down about 25 points.

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