15 Point drop.. seems strange to me.

[CreditSage]

Does this make sens to you? The new account showed on my report 9/7 and no chang in score. Nothing else changed and then four days later a 15 point drop. Was this just a delay in the effect the new card had on my score? 

[Anonymous]

How many inquiries did you have before and after?  I noticed that you took 2 inquiries in the span of 3 days and see no score drop during that period of time.

[CreditSage]

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@Anonymous wrote:

How many inquiries did you have before and after?  I noticed that you took 2 inquiries in the span of 3 days and see no score drop during that period of time.

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@Anonymous 

To answer your question on Hard Inquiries:

Experian: From 0 to 1

Transunion: From 1 to 2

Equifax: From 1 to 1 (no change)

Chase pulled from Experian and TransUnion hence the changes to those two. I don't think the inquiry is what made the 15 point drop becuase days after the pull no credit changes took place. My AAoA did fall from 3 years 6 months to 3 years 3 months and my AoYA from 14 months to 0. Perhaps this is the reason for the change and would explain the delay (i.e. when account showed on report instead of just the inquiry). 

[AllZero]

^ You found your answer. AoYA reset. Bonus points removed.

[Anonymous]

Agreed.  An AoYA reset from 12+ months to 0 months will cause such a drop.  In fact, some experience a drop as high as the 20-25 point range, so 15 points really isn't all that bad.

[AllZero]

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@CreditSage wrote:

The new account showed on my report 9/7 and no chang in score. Nothing else changed and then four days later a 15 point drop. Was this just a delay in the effect the new card had on my score? 

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I do recall reading that if one is on a derogatory scorecard, one does not get a new account scoring penalty. Maybe someone can confirm if memory doesn't serve me.

[CreditSage]

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@AllZero wrote:
^ You found your answer. AoYA reset. Bonus points removed.

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Well that is a bummer. I lost 15 points for the AoYA reset but gained 15 points for a few things which happened all at once:

NFCU CLI from $5,300 to $6,800.

UTL dropping to aggregate 8% from high 60%.

Pretty much a wash. I wonder if I should apply for the other cards I want while AoYA is 0... hmmm..

[AllZero]

Congratulations on lowering your UTI.

Chase has been known to be sensitive to credit seeking behavior. Have they been soft pulling you since approval? Some members receive adverse action. Best to research before you dive in.