My Credit Score!!!!!

[grillandwinemaster]

Pop the top on an ice cold beer and hang out in the garden!

Enjoy!

[takeshi74]

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@Anonymous wrote:

my credit score took a really hard hit!!! I lost about 70 points across the board!!! Hope it bounce back up when new cards report 0 balance.

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Don't just rely on hope.  Look at your reports to determine the cause(s).  How do you expect the new accounts to help?  Consider the standard factors and how the new accounts will have an impact.

http://www.myfico.com/crediteducation/whatsinyourscore.aspx

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@Anonymous wrote:

Hope it bounce back up when new cards report 0 balance.

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What was your revolving utilization?  What will it be?

[grillandwinemaster]

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@takeshi74 wrote:

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@Anonymous wrote:

my credit score took a really hard hit!!! I lost about 70 points across the board!!! Hope it bounce back up when new cards report 0 balance.

---

Don't just rely on hope.  Look at your reports to determine the cause(s).  How do you expect the new accounts to help?  Consider the standard factors and how the new accounts will have an impact.

http://www.myfico.com/crediteducation/whatsinyourscore.aspx

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@Anonymous wrote:

Hope it bounce back up when new cards report 0 balance.

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What was your revolving utilization?  What will it be?

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Hey Takeshi!

I have an ICE cold, FROSTY beer for you!