FlyerTalk Forums - View Single Post - Adding new cards/cancelling- credit rating?
Old Aug 7, 2006 | 9:59 pm
  #7  
Lurker1999
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Join Date: Apr 2006
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Originally Posted by jacknyoc
Sorry to jump in over the OP...but are you saying that the "hit" ofr card/applicaiton activiy may only last a few months. I've heard 3 years and the like? Thank you.
Anecdotally some people have reported their score dipping by 30 points or so but keep in mind they fall off after 2 years regardless. So 3 years would be impossible. And after 6 months they seem to have far less of an impact on your credit score than immediately following the inquiry.
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