topic Re: Score Rebound After App in Credit Cards

Score Rebound After App

Brandnick — Thu, 22 Nov 2012 02:06:44 GMT

Applied for two credit cards 11/14/12, below is the following detail

American Express Blue - Approved ($4400)

Discover - Approved ($5500)

Equifax score from myfico.com (Discover Pulled) went from 763 to 755 = 8 point drop

Now today 11/21/12 I get an alert from score watch that my score rebounded to 771 it's now showing the Discover Card trade-line but not showing the Amex yet.

I can't believe how fast my score as rebounded Is this normal

Re: Score Rebound After App

Anonymous — Thu, 22 Nov 2012 02:23:06 GMT

Not sure what is normal.

But Congrats on your cards! Nice CLs!

I hope we are now in the garden watching our inquiries and helping wifey with her credit for mortgage time

Re: Score Rebound After App

bahbahd — Thu, 22 Nov 2012 02:26:02 GMT

I would assume that it is because your DTI is a low/better ratio. Your AAoA is not affected too much with the new card (Lots of old TLs?) And that you do not have many inquiries.

Re: Score Rebound After App

Brandnick — Thu, 22 Nov 2012 02:33:52 GMT

CCNEWCC

Yes you remembered that was really nice of you. Working hard on her score. Added her to all my cc as a AU(but keeping the cards in my wallet lol) I maybe figured it out my utizilation was 39% at the time of app now with the new card it's 23%

BAHBAHD

You are correct this is my first inquiry in a longtime. When I pulled my report before the app I had non. So the helped also let's see what happen when I get to Amex showing as I trade-line

Re: Score Rebound After App

Anonymous — Thu, 22 Nov 2012 02:37:10 GMT

haha good deal. AU and clean up is a good thing to do.

Re: Score Rebound After App

nicholasyud — Thu, 22 Nov 2012 02:46:13 GMT

Hope my score would rebound like that when all of my tradeline add up.....I also apps on 11/14 too. Did you receive your Amex card yet ???

Re: Score Rebound After App

Brandnick — Thu, 22 Nov 2012 03:03:39 GMT

NicholasYud

No not yet, so i called them today and they said I should get it by on or before 11/29/14. I only got a letter today stating that I was approved and my credit score, the usual letter but now card.

Re: Score Rebound After App

nicholasyud — Thu, 22 Nov 2012 03:09:27 GMT

its take them forever to issue a new card isnt it ? Especially to their CC.

I app on the same day for the Green Charge and receive it on Monday which is odd......

Re: Score Rebound After App

Brandnick — Thu, 22 Nov 2012 03:15:07 GMT

Wow yeah I made I vow which ever card came first ether the discover or Amex I would use more. Discover card won lol

Re: Score Rebound After App

nicholasyud — Thu, 22 Nov 2012 03:30:10 GMT

Discover won with their cash back program.....