Originally Posted by
USAFAN
Negociant - Great posting!
I opened and closed CC accounts, however, I did in a time frame of 10 to 12 month (not in 8 weeks, like you). The score went even up! Note: There are now (at least two) scores out there ... I wish our fellow poster Dr.Bond would comment on your topic "CC Apps Affect on FICO Score"
Checked again today - after plenty of opening and closing of CC accounts - the VantageScore was great.
The numerical score ranges from 990 to 501 equaling grade ranges from A to F (higher scores represent a lower likelihood of risk) It looks like
VantageScore is now used by all three credit report companies. I don't know what happened with the FICO score!?!
Read here:
http://www.vantagescore.com/
I am a little confused and sceptically, but here are our VantageScores:
Mrs. USAFAN: 990
USAFAN: 990
Added: I had plenty of inquiries too!