My score dropped 22 points but.?
redhairedmama75 asked:
I checked my credit score today and it has dropped 22 points with in the last week or so. According to my credit report my revolving debt is $60.00 than it was the last time which is about right BUT when I look at the individual accounts on my report all the balances say the same exact thing they did a week ago.
I checked my credit score today and it has dropped 22 points with in the last week or so. According to my credit report my revolving debt is $60.00 than it was the last time which is about right BUT when I look at the individual accounts on my report all the balances say the same exact thing they did a week ago.
I belong to a credit monitoring service offered through one of my credit cards so I can get a free credit report and updated score as often as I want.
Gilbert
Florence
Have you applied for a lot of credit recently? Sometimes, applying for credit, or even pulling up your credit bureau report, known as an inquiry, will lower your score. Do you have any accounts that are over the credit limit? Accounts that are at or over the limit can also lower your rating.
Valerie
One of the factors that affect the credit score is the amount you charge on your credit cards. For best results, you want to charge no more than 30% of your available balance at any given time.
Keep that in mind when you check your credit score the next time.
Hope this helps, here is a great resource.
my-financial-steps.com