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Credit Bureau Info:

Experian: 800-493-1058 With A Report Number

Experian: 714-830-7000 (Without A Report Number) Call and Press 0. You will get connected to the switchboard operator. Tell them you just called in and entered your report number and the automated system disconnected you. Ask them if they can get a human on the line for disputes. That's the only way you'll be able to get through to a live person at Experian without a Report Number.

Equifax: 800-846-5279

TransUnion: 800-916-8800


Comparison between FAKO from Credit karma and FICO from Barclays and Citi.


Cards that give you free monthly FICO's


AMEX personal cards = EX 08
Chase Slate = EX (either 08 or Bankcard enhanced)
PSECU = EX 04

Citi AA = EQ bankcard enhanced
DCU= EQ 04
PenFed = EQ NextGen

Barclays = TU 08
Discover it = TU 08
Walmart (store or MC) = TU 08

Author Topic: credit score  (Read 199409 times)

Offline HelpMe

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Re: Credit Score Drop?
« Reply #60 on: January 04, 2012, 07:16:13 PM »
Anyone know when the inquiries actually drop off your credit score?
12 months.
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Offline HelpMe

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Re: Credit Score Drop?
« Reply #61 on: January 04, 2012, 07:17:07 PM »
Aright, take it up with Dan
I am no way going to talk for Dan but I think you are reading it wrong.
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Offline Saver2000

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Re: Credit Score Drop?
« Reply #62 on: January 04, 2012, 07:17:54 PM »

Offline creditor

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Re: Re: Credit Score Drop?
« Reply #63 on: January 04, 2012, 07:19:26 PM »
How can that happen? Closed cards count towards average age.
Do you mean after 10 years when the account falls of your cr?
so much confusion on this issue, lets clarity,
closed accounts still appear for aprox. 10 years on CR  so it won't hurt credit at least for near future,
but new account will lower the AVERAGE age of your  "credit length"
now this still depends, if you have a good report in general no late payments, decent history, etc. then won't hurt much, only few points, and only temporarily
but if your history is bad then itl hurt more
NOTE no one would be able to give you an exact ans on CS issues at least not for the FICO score, its known to be a 'secret formula'  we can only approximate
I'm just say'inę«

Offline HelpMe

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Re: Credit Score Drop?
« Reply #64 on: January 04, 2012, 07:20:07 PM »
Incorrect
24 months
Are you sure? The question was credit score not credit report.
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Offline Saver2000

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Re: Credit Score Drop?
« Reply #65 on: January 04, 2012, 07:20:39 PM »
I am no way going to talk for Dan but I think you are reading it wrong.

Feel free to Helpme    8) read it. How did you understand it?

Offline 3ZeroT

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Re: Credit Score Drop?
« Reply #66 on: January 04, 2012, 07:24:39 PM »
You said your score dropped 2 days after doing this, but did you actually verify the report reflected these changes or could the drop be from something else that occured in the last month?  (Other than the inquiry, changes in accounts can take up to a month to show up on your report depending on the reporting schedule of the issuer).  Just checking as some people only have access to their score and not the report, and might misinterpret cause and effect without knowing the timing of when things get reported.

Offline Saver2000

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Re: Credit Score Drop?
« Reply #67 on: January 04, 2012, 07:25:32 PM »
Are you sure? The question was credit score not credit report.

I misread what he wrote.  I must be wearing an old pair of glasses today ;)

Either way you are incorrect. Why waste my words when I can just quote Dan
Inquiry will drop your score short-term.
Inquiry will eventually drop off and you will have more total credit, older average cards (this number includes cancelled cards), and less credit utilization (at least presumably due to having more total credit) which will raise your score to higher then it was before.

Offline scwam

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Re: Credit Score Drop?
« Reply #68 on: January 04, 2012, 07:29:11 PM »
OP, If you just opened this account, it's going to take Chase 45 - 60 days for it to even reflect onto your CB. I've opened several accounts with Chase this year and it typically takes them about 55 Days from account opening. At that 55th day is typically when your first cycle appears and gets reported to Experian first, next day EQ, third day TU. I would say that if your account opening date is under 55 days in age then it's not likely from the average age reduction. I do agree that the score will certaintly drop more after it reports month 0 if you have less than 3 years average age to begin with.

Offline jimmy1

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Re: Credit Score Drop?
« Reply #69 on: January 04, 2012, 07:30:13 PM »
i have access to my credit report and scores, . i did  see 8-9 points dropped right after i did CL transfer, i didn't see thing kind of noticable drop before, thats why i am thinking that maybe the reason, my credit report is same, positives are NEVER LATE, blah blah, negatives are I opened 5-6 card in last 12 months, but my score has shot up back  to where it was  now

Offline creditor

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Re: Re: Credit Score Drop?
« Reply #70 on: January 04, 2012, 07:31:29 PM »
Feel free to Helpme    8) read it. How did you understand it?
gosh.. JIMMY1 was not talking about a CLOSED acct, [ leave that up to Dan and some other poster arguing on that issue] he's problem was shifting credit and a NEW acct which definitely lowers score at least for a while        you wer very successful in quoting dans words from a previous post that  "closed cards count towards average age"   but thats not the case here
no1 here mentioned CLOSED acct
I'm just say'inę«

Offline HelpMe

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Re: Credit Score Drop?
« Reply #71 on: January 04, 2012, 07:33:11 PM »
i have access to my credit report and scores,
Is this a FICO or FAKO score you are checking?
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Offline scwam

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Re: Credit Score Drop?
« Reply #72 on: January 04, 2012, 07:37:03 PM »
Were any of the accounts you opened in the last year actually within the last 3 months at all? And, when was the last time you checked the score prior to this happening?

Offline jimmy1

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Re: Credit Score Drop?
« Reply #73 on: January 04, 2012, 07:39:41 PM »
Is this a FICO or FAKO score you are checking?

I  have  subscribed to the citi identity monitor , it gives me alerts,  credit scores  and credit reports. I pay $4.95 monthly, employee pricing deal, regular price is $12.95 monthly.




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Re: Re: Credit Score Drop?
« Reply #74 on: January 04, 2012, 07:41:29 PM »
Were any of the accounts you opened in the last year actually within the last 3 months at all? And, when was the last time you checked the score prior to this happening?
wow what an investigation goin on here, cmon OP spill all the beans, don't use short hand  when posting information ddf'rs are so eager to know
I'm just say'inę«