dallas01 wrote:I'm pretty excited that my fako score went up 25 points when my BOA card reported. I still havn't got a scorewatch alert! New Account added, Score change, etc.Anyway I havn't got a True Credit alert also so maybe it just takes awhile. Anyway I'm pretty happy at least it went up and not down.The good news is you may get a score change from the new card, the bad news is that you may not. Let me clarify. Depending on the number of cards open, the history, and other factors a new account can initially lower your FICO score, raise your FICO score or cause no change (trust me as I eagerly anticipated at least some increase from a new card as it reflected on FAKO). To my hurt and dismay, the only thing I got was an alert of a new accoutn, no score increase whatsover. It did take three days from the time the FAKO update before SW deemed it necessary to give me a buzz.
dallas01 wrote:Brammy, What I left out is its a Boa card thats got 3 years history 11,000 limit never late. I opened 2 small credit cards myself and they haven't reported yet. I do look for a points deduction for those.I've been looking at my scores and they're pretty sadEQ=518 without the BOA card or my other 2 reporting.EXPERIAN= 569 with no credit besides Collections and a BK in 2002 dismissed.I thought the 569 was pretty high with not 1 postive TLNow that makes a difference. Don't be too down about the scores, Mine were there not too long ago. They stayed there because I didn't know how to get them up. You're ahead of the game