New Accts ... when do they stop being new?

Anonymous · ‎12-04-2008

I obtained a mortgage plus several CC's this year. TU has me in the "BAD" category on the number of new accounts. Question is, when do they stop being new? 1 year mark? 6 month mark? Can I expect a score bump when they cease being new?

Thanks!!

MidnightVoice · ‎12-04-2008

I think mine went to not good at 3 months, good at 6 months and I will tell you if it great on December 27th

The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid

Geordi · ‎12-04-2008

@Anonymous wrote:
... TU has me in the "BAD" category on the number of new accounts. Question is, when do they stop being new? 1 year mark? 6 month mark? ...

I am no expert but I believe according to FICO, new accounts officially stop being considered new after 24 months.

However, I am sure someone will correct me if I am wrong.

GL

marty56 · ‎12-05-2008

My Visa card just turned 1 year old and my comment about new credit when from not good to good so I would say 1 year. No change in score though.

1/25/2021: FICO 850 EQ 848 TU 847 EX