Re: New tradelines tend to push down a credit score. If you w...
04-11-2007 08:14 AM
Yes... two of the accounts (Citicards and Chase) are established (opened in 2002 and 2004, respectively) with decent limits ($6,800 and $7,500)... one with 29% usage and another with a zero balance.... always paid, never late on both. The third is a Discover card with a limit of $1,800 that was opened last year, and has a balance of ~$600. I'm worried that adding the Discover card account might affect her score negatively, but according to what you're saying, it shouldn't.
Does anyone have an estimate (or guess) as to how much of a bump can she expect to see in her score?