@joltdude wrote:
Op,
Yeah its the new accounts thats probably doing it...
Let things age a bit..
Theres also a thing called Bust Out fraud....
And some CRA offer a number , based on likeliness of bust out fraud... which does incorporate inquiries and new accounts...
Its quite possible this is also affecting your CLIs...
https://ficoforums.myfico.com/t5/General-Credit-Topics/Bust-Out-Score/td-p/5116259
Keep this in mind....
As to Miss Discover. shes not the most predictable.. but stick with it... your other option is after having the card a year, app for a new one... esp if your scores and profile have dramatically changed since you apped... even though you seem to have had the card for awhile have your scores increased dramatically since you originally apped... Been seeing cards getting stuck like Cap One lately... Discover does also use ABS .... even though i wouldn't call them a subprime card or as strict as Cap One...
https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-Card-Asset-Backed-Securities-ABS-and-w...
Iv basically kept up my scores and they have plateaued in the 770s.. Also dont CLI every month or two months or even three months these days...
-J
The issue of "bust-out fraud" is another reason why I'm going to hold off on any more new HP apps until next year. I've seen that article too, and it's all too easy - as I've remarked elsewhere in the past - for the kind of activity that we enthusiasts regularly engage in to be mistaken for the kind of scam described by Experian.
