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Established Member
CadillacMack
Posts: 26
Registered: ‎09-17-2012

Re: Guess the cause of my score drop

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‎11-29-2012 07:58 AM

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

Message 11 of 67 (1,148 Views)
 
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Established Contributor
Swapmeet
Posts: 605
Registered: ‎11-10-2012

Re: Guess the cause of my score drop

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‎11-29-2012 08:12 AM

:smileyvery-happy:

CadillacMack wrote:

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

:smileyvery-happy:

My Wallet: WalMart: ||1,600|| USAA Platinum CR MC: ||4k|| Amex Delta Gold Skymiles: ||2k||; BCE: ||3k|| Chase Freedom: ||2k||
Lender pulled Fico Scores: EQ 708,TU 702, EX 696 Last app: Mortgage 5-21-13
Message 12 of 67 (1,135 Views)
 
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Valued Contributor
Epcot
Posts: 2,592
Registered: ‎10-10-2012

Re: Guess the cause of my score drop

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‎11-29-2012 10:50 AM

My guess would be util as well.
Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 777 EX 767 TU 771
App free since 4/11/12
Message 13 of 67 (1,061 Views)
 
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FrugalRican
Posts: 2,876
Registered: ‎02-02-2012

Re: Guess the cause of my score drop

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‎11-29-2012 10:54 AM

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 (1,055 Views)
 
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Valued Member
GangnamFICO
Posts: 87
Registered: ‎11-28-2012

Re: Guess the cause of my score drop

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‎11-29-2012 10:54 AM

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 (1,050 Views)
 
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HiLine
Posts: 1,625
Registered: ‎10-19-2012

Re: Guess the cause of my score drop

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‎11-29-2012 11:20 AM - edited ‎11-29-2012 11:20 AM

Many people pointed to utilization. Think utlization could cause such a huge damage? :catwink:

 

I'll drop another hint:

 

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

---> HiLine's personal finance blog - Follow my journey!  :smileylol:


-Taking a break from the forums from 4/23/2013 :smileysad:
Message 16 of 67 (1,031 Views)
 
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Established Member
anthill927
Posts: 48
Registered: ‎11-20-2012

Re: Guess the cause of my score drop

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‎11-29-2012 11:29 AM

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 (1,018 Views)
 
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Established Contributor
distantarray
Posts: 2,112
Registered: ‎09-25-2011

Re: Guess the cause of my score drop

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‎11-29-2012 11:31 AM

HiLine wrote:

Many people pointed to utilization. Think utlization could cause such a huge damage? :catwink:

 

I'll drop another hint:

 

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

and yes utility can cause THAT big of a damage :smileytongue:


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Message 18 of 67 (1,016 Views)
 
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djrez4
Posts: 504
Registered: ‎08-28-2012

Re: Guess the cause of my score drop

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‎11-29-2012 01:05 PM

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

Message 19 of 67 (958 Views)
 
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crunching_numbers
Posts: 1,026
Registered: ‎02-15-2012

Re: Guess the cause of my score drop

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‎11-29-2012 01:05 PM

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: 748 TU(12/12), 771 TU98 , 824 TU08 FICO, 776 EQ FICO , 735 EX(9/12) FICO
Goal Score: 750+, but shooting for the 800's
my wallet: Hyatt Visa Sig ($23K), B&N World MC ($17.3K), Amex RP Gold (NPSL w/ S&T), Hilton Surpass (10K), Freedom Visa Sig ($8.6K), Discover It ($8K), Amex BCP ($9K), FNBO Visa (13.1K), Citi Dia Pref MC ($3.7K),Sam's D ($8.5K), Walmart D ($7.5K), JCP($5.3K), Dicks MC ($2K)
Message 20 of 67 (958 Views)
 
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