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Hello folks, My credit went up 14 points with no particular reason. the last thing that happened was an inquiry for my new capital one card, However the card has not yet been recognized on my CR just an inquiry. Any idea why this would have changed? I checked experian, Discover scorecard and the myfico scores. I am not upset about this but thats such a drastic change and it brings me very close to what experian.com considers good so I would like to do more of the same.
@Anonymous wrote:Hello folks, My credit went up 14 points with no particular reason. the last thing that happened was an inquiry for my new capital one card, However the card has not yet been recognized on my CR just an inquiry. Any idea why this would have changed? I checked experian, Discover scorecard and the myfico scores. I am not upset about this but thats such a drastic change and it brings me very close to what experian.com considers good so I would like to do more of the same.
There is no way to answer your question
If the change happened on the first of the month, it's probably aging related.
Otherwise, it could be utilization change, removal of negatives, COs not updating, inquiries becoming unscorable after a year...
OP, you'd have to do a line by line comparison of your before and after credit reports. If nothing visibly looks different, chances are it's aging related as suggested in the previous post.