Sentences with phrase «recently opened credit lines»

This is the portion of your score where recently opened credit lines and inquiries come into play.

Not exact matches

Although recently booted from the country, the bank is leaving an open line of credit for its customers.

The number of new accounts you've recently opened and whether you've been rate shopping for a single loan or applying for new credit lines are considered with your new credit.

Only recently (first in May with two cards from BoA) I left the cards open after shifting all but a couple of hundred dollars of credit line because I want to preserve the credit history of the old cards.

My bank recently approached me with opening a $ 250,000 Home Equity Line of Credit (HELOC) on my primary residence.

Here's why: Only a small part of your credit score is derived from «new credit» — which looks at whether you've opened up a few new credit lines recently — so opening this single new credit line shouldn't do much to change your credit score.

Conversely from closing accounts, if you've recently tried to open multiple new lines of credit this can also make your credit score drop.