Applied for a store card, denied...but my score increased!

[iamdetermined]

Hi everyone.

I applied for a Besy Buy card which was probably a stupid move on my part but as most people here, I am looking to rebuild my credit & thought that it may help. Well, I wasn't approved for the card...but I got a ScoreWatch alert this morning regarding the inquiry...& my score went up 15 points! I'm hyped about that happening but confused- I thought it would hurt (glad that it didn't!) not help.

Is this normal? Should I be expecting a random drop?

[llecs]

SW throws out any score change whenever there's a credit alert. That score change is a net score change and rarely can it be contributed to the cause of the alert. Something else happened like a dropped baddie or improved util. In other words, the inquiry didn't give you 15.

[iamdetermined]

Ok, thanks for explaining llecs. I figured it was rather odd for that to occur due to an inquiry...lol. I have been paying down on 1 of my credit cards so maybe its due to my util....hopefully it was a dropped baddie though ;-)

[Anonymous]

I wouldn't complain about an increase lol

[iamdetermined]

Haha...NO COMPLAINTS WHATSOEVER about the increase ;-).  I'm very happy..it was just a bit shocking to see it after being denied credit. I'm going to be quiet & thankful for it now & hope that it continues to go up..lol