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I recently opened 4 new cc accounts and my score has dropped 15-20 pts accross the board so far. 2% utilization.
how long before they start to creep back to normal??
@pkenn wrote:I recently opened 4 new cc accounts and my score has dropped 15-20 pts accross the board so far. 2% utilization.
how long before they start to creep back to normal??
The scores should start to see some improvement over the next couple of months or so with payment history on the new cards.
Just going off of other members experiences and mine, I would guess 3-6 months to recover the lost points.
Providing your profile stays the same.
@pkenn wrote:I recently opened 4 new cc accounts and my score has dropped 15-20 pts accross the board so far. 2% utilization.
how long before they start to creep back to normal??
My experience was that they started to creep back right away.