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How many New Trade Lines in 60 days is bad???

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ironchef
Regular Contributor

How many New Trade Lines in 60 days is bad???

I currently have 2 cards with Amex and appied in feb for the Hilton H AMex and got it  , this week i applied for the Barclays AA Red and got appoved . That will be the second HP on Transunion in 1 year and on amex 3 in 2 years . I try to keep my HP very low but I was wondering how it would affect my CS accross the board with prob 2 new cards showing up 3 mo apart or so?

 

My FIco8 Ex 700, Transunion 750, EQ700 after pulls. 

 

The HH amex shoudl repot any day so waiting to see! 

 

Any feed back ?

 

Message 1 of 7
6 REPLIES 6
AverageJoesCredit
Legendary Contributor

Re: How many New Trade Lines in 60 days is bad???

You are in BIG trouble. That is considered not credit seekingSmiley Wink. Lol, you are fineSmiley Happy
Message 2 of 7
RicHowe
Valued Contributor

Re: How many New Trade Lines in 60 days is bad???

You will get a temporary hit on scores for each new account that reports, but you will be fine after that. Your HPs are low, so no need to worry about that as AJC says.

Message 3 of 7
Remedios
Credit Mentor

Re: How many New Trade Lines in 60 days is bad???


@ironchef wrote:

I currently have 2 cards with Amex and appied in feb for the Hilton H AMex and got it  , this week i applied for the Barclays AA Red and got appoved . That will be the second HP on Transunion in 1 year and on amex 3 in 2 years . I try to keep my HP very low but I was wondering how it would affect my CS accross the board with prob 2 new cards showing up 3 mo apart or so?

 

My FIco8 Ex 700, Transunion 750, EQ700 after pulls. 

 

The HH amex shoudl repot any day so waiting to see! 

 

Any feed back ?

 


You're fine, just give it a break for a while because Barclay. 

 

Message 4 of 7
ironchef
Regular Contributor

Re: How many New Trade Lines in 60 days is bad???

Lol thank you, Very conservative after many years recoving credit distruction in a divorce :0 ! 

 

Message 5 of 7
ironchef
Regular Contributor

Re: How many New Trade Lines in 60 days is bad???

thanks yes i saw 1 point taken away from TU for the HP & last month 2 points for EX on Amex hit but back this month.

Message 6 of 7
ironchef
Regular Contributor

Re: How many New Trade Lines in 60 days is bad???

yes i Have no need now and thank you

 

Message 7 of 7
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