Originally Posted by
Golden Sparrow
In the past 5 weeks, I applied for SPG, AA Amex, AA Visa, Chase Co, Chase UA, Chase Sapphire. I received 3 cards, 4 approvals, 1 decline, and 1 still pending. Erm ... what can I say, I really want to travel and I want to travel now now now ... ahem.
I didn't check my credit score before the start of all the cc applications but I did check on Aug 21 and then just today and mine actually INCREASED 5 points to 744 since last time. Something about low credit card utilization -- low percentage of usage compared to available credit. That could also be because I just paid the cc bills too though.
Edit: Thanks for all the warm welcomes if I didn't mention it beforehand on other threads.
Since debt utilization ratio is part of your credit score, a significant increase to your total available credit would lower your debt utilization % and thus positively affect your score. My guess is your score was higher prior to you applying for those cards. The inquiries lowered it to what you saw on Aug 21 before the positive effect of the utilization ratio kicked in.