u/IllInevitable9542

Credit score dropped over 70 points since Feb- got a new card but is it supposed to be this big of a hit?

Credit score dropped over 70 points since Feb- got a new card but is it supposed to be this big of a hit?

I had an 838 in Feb (experian FICO 8) and as of today it’s a 766. I signed up for a new card in April.

It was a little odd why I had a 30 drop but I was still in the 800s so I was not concerned- now it’s beginning to look worrying.

I have been having outstanding balances on my statements, but I pay those off immediately and it says my payment history is not the problem on my Amex FICO profile. As for credit length- this has always been low since i only started my credit 4-5 years ago. Has anyone experienced a similar drastic drop in their score after opening up an account?

Feb - 838

March- 802

April- 783

Today, May- 766

u/IllInevitable9542 — 5 days ago
▲ 0 r/AskNYC

Expiring Ailey Extension Dance Class Pass in 2 days- will provide discount

Hey! I couldn't make it to a dance class I signed up for last month and realized Alvin Ailey dance studios only credited to my account (vs bank). $25 expires in 2 days- I'm willing to sign someone up for a dance class at a discounted price ($15). Please DM me if interested.

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u/IllInevitable9542 — 7 days ago