M
Manuel M.
Why credit Scores drop even when you're paying on time and have a low utilization rate?
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Why credit Scores drop even when you're paying on time and have a low utilization rate?
If you get the credit karma app it explains why. One could be new inquires or average credit length
I disputed two accounts on my credit that were fraudulent and my hard inquiries I had finally came off almost all at the same time so my poor score of 552 dropped to 0 afterwards. Why wouldn’t this have bettered my score?
Yes, credit karma is a great app to teach you about the ups and downs of everything Credit.
You may need to talk to a credit expert.
Kk
I paid my car loan off and my score dropped.
When you close an open line of credit, your utilization can go up significantly, because the maximum amount of credit available to you lowers, but what you are using doesn't, so the ratio could tip toward you using a much higher percent of your available credit due to the payoff of your car loan. Make sense?
If you get the credit karma app it explains why. One could be new inquires or average credit length
Wallethub is another good option to check out.
My score has been on the raise. but after a late payment..it dropped. its so hard to get a high score and keep it high. discipline and determination is key.
You're right Sonya, missing payments and late payments are killers!
GOOD IDEAL!
One late payment could mess up months of work
Credit Karma alerts you too.
Always check your credit score but beware of people and try to give him a cue for your money
You may need to talk to a credit expert.
Same
hit by a hard pull maybe?
Use creditkarma
Hard hit
Get a report and see if there was any unauthorized pull?
My credit dropped 35 points ! Just because I made a big purchase with my credit card and idk what to do ?
My score dropped when I paid off a significant amount. Very strange.
If you applied for a credit card or loan recently, it will temporaily drop your credit score.