@omega2k1 wrote:Ok, thanks. I completely forgot about the new account penalty. I should be able to mitagate the new acount loss by by becoming an AU on one of my family members cards that's has 10+ years old right?
Maybe, not necessarily though. Sometimes the CRA's anti-abuse algorithms flag certain AU accounts and don't factor them into your scores, especially if your address doesn't match the primary cardholder's.
@omega2k1 wrote:Hi everyone.
I just joined yesterday and upon going through my 3B Report I saw that my Cap1 Walmart MC inquiry is no longer scorable. I current have two cards: Cap1 MC and Amazon Prime Chase Visa Sig. I got the Cap1 3/2021 and the Amazon Prime Visa Sig 5/2021. The only "scorable inquiries" that show up on my 3B report are the Amazon Prime Chase Visa Sig (on Equifax and Experian) and a HP from Navy FCU(10/2021). Is it possibly to apply and get approved for new CC or loans with 3 indivudual specific issures (1 from EQ, 1 from EX, and 1 from TU), and not suffer significent penalty?
Yes. That number of inquiries is small potatoes.
@omega2k1 wrote:Ok, thanks. I completely forgot about the new account penalty. I should be able to mitagate the new acount loss by by becoming an AU on one of my family members cards that's has 10+ years old right?
I think your scores are good enough that you don't need to go to such extremes.