@Anonymous wrote:I have gotten the CC's that I wanted and took a HUGE hit (which was expected) on my scores. I've lost over 100 points on EX and TU but still in the 700+ range. Not sure about EQ but should be around 700. With no more apps or new credit and extremely low utilization along with aging of the new accounts when might I expect to see my scores rise to the 800's where they were before I acquired my eight new lines of credit within the past 45 days. Several of the new accounts are not reporting and the ones that are are not reporting to all bureaus which is normal in some cases.
I still have a Barclay Ring app suspended in outer space from April 2nd that I am waiting for a decision on when they accept who I am if ever. If it's approved I will take it but if not that's OK since it would bring my scores down even more.
My oldest account of record is 46 years old, the account is closed and has been for years so it's probably not helping although it shows as my oldest account on my reports.. All of the CC accounts are new with one of the 8 two months old. My installment loans go back over twenty plus years. Several are closed and paid off, two are recent. They are large loans, current, never late. The two payments run about $2500 per month. All CC accounts have 0 balances. The total amount of the installment loans (autos $130,000) may be a factor in scoring but I have the income to carry these loans.
I realize no one will know for sure score wise but is there anything else that I should do while these new accounts age with regard to utilization. I usually carry a 0 balance on all accounts paying immediately or within a day or so when they post.
I know I shouldn't be fixated on scores but I do and I would feel better to have them around 800 across all three bureaus. Is there anything else I can do other than wait it out while they age to get my scores back up?
Thanks for any input.
Another way to get the scores up is to cross thresholds with your auto loans. When your combined utilization of installment loans gets down to 79% you'll get a bump in your scores. There's also a definite bump when you get it down to 9%. There are other bumps in between but I don't think there's a strong concensus on exactly where those thresholds are. There is a consensus, though, that Relevate -- founder of the installment tradeline utilization thread -- is one of the most knowledgeable among us on that subject.
@Anonymous wrote:
@Pway wrote:Yes you will take a hit from those new accounts as you have stated. However, not allowing a card to post a balance to the cb is really hurting you. Nothing really else that sits out to me, but I am sure others will chime in on idea's. Only other thing now is time.
Thanks. I will let something sit for a while then pay it off.
Congratulations on all the new cards, but no, you don't have to let it sit for a while. The statement that prints merely needs to show that you have something on the account. You can promptly pay it off two days later if you like, then charge another coffee two days after that, and let that report on the next statement, then pay that coffee off two days after that second statement.
The important part is that the statement is allowed to print, that charges are allowed to sit still on your card for more than two days, but only until the statement cuts 
