Recently took an Amex out, and CF took 100 point hit, how long till back up?

bashi

Hi all,


As the post title asks, took 100pt dip on experian, wondering how long I will have to wait till it goes back? Any experience?


Thanks

[Deleted User]

It may not go back up at all. Just ignore it.

It's not a real score and doesn't reflect your credit worthiness.

Pixie5740

bashi wrote: »

Hi all,


As the post title asks, took 100pt dip on experian, wondering how long I will have to wait till it goes back? Any experience?


Thanks

Why do you care?

bashi

Will need a new Balance tramsfer card later this year, so wondering with my points lower, if I would be able to get to a decent one or one at all.

[Deleted User]

You don't need any points at all to get a BT Card.

Why do you believe you may be too high risk to get a BT Card? Have you missed a lot of payments or have defaults?

DannyPearce90

The Experian score is an internal score and is not visible by lenders (who have their own scoring mechanisms).

Usually recent credit applications etc lower your score, so just keep paying your bills on time and it will recover usually within 3 months.