How long does it take for scores to bounce back after new TL's report?

[Razeus]

I'm worried about my score when my new trade lines start to report this month.  It took a bit of a hit with all my new inquiries.

How much of a hit am I looking at after 6 new trade lines report?  One of them is a mortgage, the others are CC's.  All new trade lines were engaged in the month of August.

Also, how long to bounce back?  I'm hoping in 6 months, I"ll finally break 700's if it doesn't happen by the end of the year.

[djrez4]

Sup credit-twin...Some things to consider - 

With a bunch of new tradelines reporting, including a mortgage, some rebucketing may occur.  So, the initial drop from the inquiries may be compounded by a second drop as your credit history gets shifted into a new group AND a decrease in AAoA.

haulingthescoreup, one of our epic contributors, had this to say about recovering:

---

 FWIW, my TU and EX scores had recovered and improved from the originals within 4 weeks, and for EQ, it was 6 weeks. Pretty traumatizing at the time, though!

---

[Razeus]

---

@djrez4 wrote:

Sup credit-twin...Some things to consider - 

With a bunch of new tradelines reporting, including a mortgage, some rebucketing may occur.  So, the initial drop from the inquiries may be compounded by a second drop as your credit history gets shifted into a new group AND a decrease in AAoA.

haulingthescoreup, one of our epic contributors, had this to say about recovering:

---

 FWIW, my TU and EX scores had recovered and improved from the originals within 4 weeks, and for EQ, it was 6 weeks. Pretty traumatizing at the time, though!

---

---

haha.  Credit-twin, I like that.

Ok, so it's possible I'll be back to normal if not better in a couple of months.  I was thinking it was a 6 month process or something.

I just fear AMEX softing me and saying "**bleep**?" and yanking my cards.

[emptypockets]

For me, my scores started bouncing back within 3 months. I added 5 new accounts in June. Initial drop was like 7-15 pts total (depending on which CRA from new accts and INQ's). Scores are back up already, and TU and EX are higher now than they were before the new accounts.

In a way, you can't tell what is causing the scores to go up and down, because there are so many factors to consider (Util changing, Installment balances going down, and other CC accounts finally getting to be over a year old)  this also could account for score increases. In any event, just remember your score is a POINT IN TIME, it will rarely stay exactly the same from month to month. Hopefully, it will get to (and stay in) the RANGE where you want it to be.  

[Duncanrr]

Im expecting a drop as well when my 5 new lines hit in a month or so.  My AAoA will go from over 10 years to about 8.3 years.  Ouch  

[CS800]

I added 4 cards and my scores on average tanked by about 15 once they all reported but within 3 months I gained on average 21 points.

[atarvuzdar]

4 of the 5 cards I was approved for last week are already showing on my EQ and TU reports (and, presumably, my EX report as well). My EQ score went down 1 point when the first of the cards reported, and didn't budge when the other three reported. I have to presume the drop in the reported util (from 28% to 11%) has offset the new account "ding" on EQ. Not sure what the new accounts have done to TU/EX as I don't have a ScoreWatch-type service to monitor those. The effect is probably more for TU/EX since my util was already correctly reporting as 2% on them so I don't have anything to offset the new account "dings" on those reports.

[beautybrainsbooty]

raz my scores actually went UP when my new TLs started reporting. but I did not have a CC or a installment loan other than my car loan so it went up although I panicked when it recently dropped about 7 points when my Walmart reported the balance two days after i charged up 160 bucks worth of stuff. I have to learn how not to panic when I see the drops in score because its a mean to an end of a 750 score across the board. good luck to you!

[creditnocash]

my scores went up and down. not sure what they are now. 

will check on october 1st. 

but ive gotten about 8 inquries total. in the past 3 months. dropped my util from 45% to 9%. (paying it down not because of the cli but that helped too)

BankCard

GE-American Eagle

Chase Freedom

GE-Walmart

Toyota Financial.

Amex Zync

BankCard

the only one that i did after my car was bankcard and amex. 

i started this summer with a score of 660 and jumped to 690's 

with all these new tradelines and stuff i expect to be in the 670's again but over the course of the year 

perfect payment history and no balances reporting 

they should go back up. 

wierd thing is though my score barely dropped after 4 new accounts reported and inquries included. 

so went from 3 store cards reporting too in total 

5 store cards

3 credit cards and zync charge 

and 1 installment loan. 

[Anonymous]

Thanks for posting this!  I recently applied for 3 cards and were approved.  I'm waiting for it to report and unsure of the effect it will have on my score.  Thanks to everyone for their input.