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No score drop after new installment account reporting.

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Red1Blue
Super Contributor

No score drop after new installment account reporting.

My new car loan posted to all 3 CR's with an amount of $14k bringing my installment loan balances to $32K. I checked all 3 Fico scores. To my surprise there is no score drop for me on all 3 CR's.
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smallfry
Senior Contributor

Re: No score drop after new installment account reporting.



@Red1Blue wrote:
My new car loan posted to all 3 CR's with an amount of $14k bringing my installment loan balances to $32K. I checked all 3 Fico scores. To my surprise there is no score drop for me on all 3 CR's.



I was surprised to see no score drop when my last credit card reported in May. I give up trying to figure this stuff out anymore.
Message 2 of 3
marty56
Super Contributor

Re: No score drop after new installment account reporting.

My TU and EQ stayed the same.  EX droped 17 points but I got 16 back after the first payment posted.
 
FICO is a strange beast.
1/25/2021: FICO 850 EQ 848 TU 847 EX
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