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Guess the cause of my score drop

Valued Member

Re: Guess the cause of my score drop

By NOT shopping on black friday! So you had to pay higher prices for things Smiley Tongue

Message 11 of 67
Highlighted
Valued Contributor

Re: Guess the cause of my score drop

Smiley Very Happy


CadillacMack wrote:

By NOT shopping on black friday! So you had to pay higher prices for things Smiley Tongue


Smiley Very Happy



My Wallet:
WalMart: ||15k|| USAA Platinum MC: ||26k|| BCE: ||9k|| Chase Freedom Siggy: ||10k|| Discover it: ||6.5k|| SG Visa: ||11k||
USAA World MC: ||23k|| US Bank Cash+ Siggy: ||7.5k|| Citi TYP World MC: ||12k|| Barclays Arrival World MC: ||13k||Citi Double Cash World MC ||25k||Sallie Mae World MC ||18.8k||Fico Scores (3 Fico Monitoring): EQ 751,TU 749, EX 743. Last app: 9-12-14 Sallie
Message 12 of 67
Valued Contributor

Re: Guess the cause of my score drop

My guess would be util as well.

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 832 EX 783 TU 816
App free since 9/15/15
Message 13 of 67
Blogger

Re: Guess the cause of my score drop

Reeeeeeeebuuuuuucketing.

Follow my financial journey: http://www.frugalrican.com


EQ FICO (01/16/2012): 656 - EQ FICO (02/16/2012): 743 - EQ (02/24/2012): 760 - EX (04/28/2012): 739 - GOAL 2013: 800+

AMEX BCE (0/10K) --- BOA 1-2-3 (0/15.9K) --- Discover More (0/6K) --- Chase Freedom Visa (0/1.4K) -- Hyatt Visa Sign. (0/5.8K) -- Barclay's NFL Card (0/7.5K) -- Chase Sapphire Preferred (0/5K)

Message 14 of 67
Valued Member

Re: Guess the cause of my score drop

Significant reduction in a credit limit sending utilization soaring.  (or a late pay hit)

Walmart TU Score 740
Chase Freedom($5000); CitiThankYou Preferred($5000); GEWM Discover($3500); Walmart Store($1300); AMEX Gold; AMEX BCE($6000); GE Discount Tire($1500); Mor Furniture ($4700);Cap1($750)
Message 15 of 67
Blogger

Re: Guess the cause of my score drop

Many people pointed to utilization. Think utlization could cause such a huge damage? Cat Wink

 

I'll drop another hint:

 

Hint #2: my utilization right now is around 40%. Smiley Happy

Message 16 of 67
Established Member

Re: Guess the cause of my score drop

you missed a payment or was late on one, thats the only thing that couldve brought it down that far. lol

I want to be in the 700s again!
Message 17 of 67
Established Contributor

Re: Guess the cause of my score drop


HiLine wrote:

Many people pointed to utilization. Think utlization could cause such a huge damage? Cat Wink

 

I'll drop another hint:

 

Hint #2: my utilization right now is around 40%. Smiley Happy


and yes utility can cause THAT big of a damage Smiley Tongue


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Message 18 of 67
Established Contributor

Re: Guess the cause of my score drop

Your loss in the recent election caused the rating agencies to downgrade you.  Mitt?

Message 19 of 67
Valued Contributor

Re: Guess the cause of my score drop

Too many cards with balances? 

Is no one correct yet? I would have guessed a baddie or rebucketing, for something stupid like your last inquiry is now a year old, so you are not seeking credit, therefore rebucketing yoU, or your last baddie falling off and now you are being thrown into the bucket with the blemish free folks. 


Starting Score: 693 TU FICO, 679 EQ FICO
Current Score: FICO 8 = 844(9/15) EQ, 827 TU, 811 EX (7/15); mortgage FICO= 758 (9/15)EQ5, 797 TU4, 748 EX2 (7/15)
Goal Score: 750+, but shooting for the 800's
Hyatt Visa Sig ($23K), Amex BCP (24.8K), BofA Travel Rew Sig (22.5K), B&N World MC (22.3K), Amex RP Gold (NPSL w/ S&T), Cash+ Sig (20K),United Mil+ExpSig (16.3K), FNBO Visa (13.1K), Hilton Surpass (10K), Freedom Visa Sig (8.6K), Disc It (16.4K), Citi Dia Pref MC (3.7K),Sam's MC (10K), Wally (7.5K), JCP(5.3K), Costco (2K)
Message 20 of 67