Skip to main content
No. of Recommendations: 0
That's a good point. I hadn't considered that since the ScoreWatch software specifically said my score had dropped because a previously inactive card had become active.

I was curious if anyone knew if using previously inactive cards does, in fact, drop your Fico since I had never heard this before.

I'm not worried about my score dropping, but I would like to know why it did for no reason other than idle curiosity.


I understand curiosity.

Credit reports must give reasons that your credit score is lower than perfect. The higher the credit score, the farther they have to reach to find a reason. To keep credit card active and considered part of your credit score, they need to be used every 2-3 months. That doesn't mean that if you haven't used a card for 3 years and suddenly use it that the first use might be considered a slight negative. Activating more credit might be a sign of potential financial issues. Tracking the change over the next few months would be interesting, but the change is so small it would be difficult to verify cause and effect.

The normal recommendation is to do nothing that affects your credit (other than paying on time and paying down balances) for at least 6 months to a year before applying for a mortgage. If someone's credit score is on the edge, that appears to include not activating an unused card in the last few months.

Debra
Print the post  

Announcements

UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.