I have opened a decent amount of credit accounts in the past year and even past two years. I usually don't see a FICO score drop when I open a new account, probably because I have other new accounts. Today, however, I just noticed that the newest credit card I have been approved for is already reporting on Experian and has caused my AAoA to drop to 4.8 years (which FICO will read as 4 years AAoA). It hasn't posted on Equifax yet so I don't think I will see a SW alert until next week, but I am sure this will drop my score. In one to two months time, my AAoA should be back above 5.
I am wondering if I should worry about adverse action due to the FICO drop.
EX:694 TU:744 EQ:777
You should be fine
awesome. I will garden a while then and not be concerned. Thanks!