New mortgage

Discussion in 'Credit Talk' started by mrmagoo, Sep 26, 2002.

  1. mrmagoo

    mrmagoo Well-Known Member

    I have a new mortgage with Chase Bank since June'02. It has not hit EQ or TU ye (I have not checked EXP)t. What is taking so long?

    Also, my scores are 670-ish. (my EQ just dropped 20 for opening a new charge account at a local dept. store with a small balance and CL!!) How will the mortgage effect my scores once is shows up?

    I want to get a prime card, but want to be sure to time it right.

    Thanks for any help. I SURE wish I had found this place a LONG time ago!
     
  2. tnobles

    tnobles Well-Known Member

    hi! had the same question about my mortgsge last weekend. Opened a GMAC mortgage in March. It did not start reporting until last week. My score did not change one single point, which was very disappointing b/c I have only a couple of tradelines so I thought this would make a huge difference. Maybe you will have better luck though.
     

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