So I closed my Capital One Secured Card after about 6 months of use, built my credit up to 743. I then closed the card after I got approved for two AMEX cards, then my credit took a huge hit of 117 points. Why such a huge drop? Also, with these new cards and young credit, will it rebuild back to 743 anytime soon?
BTW, it jumped almost 70 points so it’s not a total loss, but not back where it was. Whats with the drops and rises?