After years of credit problems following a divorce I finally had it under control and heading in the right direction, reaching a high of 634 in October of 2006. To try ot push it further I thought I would get rid of old debt that was just hanging on (credit cards long since cut up) so I took out a Equity LOC and paid everything off in December 2006. Since then my Credit Score is nose diving, currently sitting at 535.
I have NO bad debt on my file, NO judgments on my file, and almost zero balances on all but three CC's. Have no idea what is going on and how to stop the dive. VERY frustrating.