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CJustin10

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How can a new account drop my credit score??
A new account was added to my file. It was the only method I could use to make my final rent payment since the property changed their system. Its the only change in my account since the last update. It is open and has a $0 balance but for some reason my score has dropped by 16 points.

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Top Contributor
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When you first open a account, depending on your credit profile it can drop it for a little bit.  But it will recover and add to your score

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