Originally Posted by
TheManofaThousandPlaces
It has been exactly a month since my Super-Mega-App-O-Rama and it’s time for the credit report update. If you’ve been following along you will remember that when I checked my credit report on Nov 15, CreditSecure showed no impact to my credit scores. Well, my scores now reflect my churning activity and all those new inquiries and accounts sure pack a whallop! 44 points to be exact.
I expected this to be a useful experiment to demonstrate the impact aggressive churning can have on a credit score. My new score results are evidence of how large that impact can be.
Read more about it
here.
Are you actually surprised at the results of your churn? You seem to have basically verified what we already pretty much knew: Each hard pull usually knocks an average of around 3 -6 points off your score. If anything I am a little surprised you managed to stay on the low end of that spread. I would have thought that with each additional pull they would come with a slightly bigger ding, but apparently each pull is about the same whether you just do one or thirteen. So maybe I did learn something new after all.
Either way, hopefully you haven't disqualified yourself for any big offers coming up in the next few months.