Member
iwillacheive
Posts: 7
Registered: ‎05-07-2012
Good news and bad news (I think)...

Good afternoon!  I hope someone can shed a little light on this.  On Friday I applied (with fear of rejection) for a Kay Jewelers credit card.  Thinking that they were going to deny me...they actually approved me for $5,600!!!!  I was so excited!  All I could think of is the drop in my CU % therefore bettering my credit scores that I have been working on!

 

However, on Saturday I was notified by MyFICO that because of the inquiry my score took a 7 point hit!   Am I going to see a jump in my score due to the increased credit line?  and if so...when?

 

Thank you in advance!!

FICO Equifax: 7/2012-629 8/2012-636 9/2012-659
FICO TransUnion: 7/2012-618 8/2012-618 9/2012-633