Re: Judgment, collection
s, utilizatio n and inquiry
04-08-2013 08:07 PM
Ok, so I am going to see this fall again. I just took another inquiry. I was approved for Chase Freedom. I am going to be getting a mortgage for my house and banker said I needed another credit card (I have one with them and a VS) This will make three. He adviced to have four.
1. How long will the inquires hurt my score? How long until I start to see some of the points come back. I know after a year you have all the points back.
2. What can I expect having a third card report? It is Chase Freedom with $1000 cl. I will keep it at a zero balance. (use once a month and pay off before it reports). The only other things reporting is one student loan, 10 mo CU VISA $150/1000 and 1 mo VS $0/350. I also have 2 paid of student loans. NO baddies at all. Oldest account is 20 years and AAoA is 6 years.
June '12: EQ 553 TU 0 EX 545
April '13 Lender Pull EQ 731, EX 692, TU 722 - all FICO
Closed on home May 22, 2013 at 2:00pm!!!
CU Visa $1000, VS $350, Chase Freedom $1000, Discover IT $2500, Home Depot: $2700, Menards $3000, NFM $3500
What's been deleted: 32 collections, 5 PR, 2 tax liens, defaulted student loans