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Score dropped 20 Points after Cap One acceptance :(

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Anonymous
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Score dropped 20 Points after Cap One acceptance :(

Recently.. i got accepted by Cap One for my first official card..

 

SCORE DROPPED 20 POINTS

I am now in the 600's

 

I already had a high amount of inquiries, from app spree's 1.5 years ago when i was trying to get MY FIRST CC (had no idea it was hurting my score).. and just added two more (The Cap one app + shopping for a car )

Is this a normal drop for 2 inquiries???

 

 

Message 1 of 2
1 REPLY 1
FinStar
Moderator Emeritus

Re: Score dropped 20 Points after Cap One acceptance :(

A lot depends on how thin or thick your files is.  But a drop is expected (to some extent) for inquiries and/or new accounts reporting, amongst other factors.  In time, your score will recover.

Message 2 of 2
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