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30 point drop?

Established Contributor

30 point drop?

Hey all.

 

Yes, these are FAKO scores, but just updated via EQ Credit Watch.  Score dropped about 30 points.  No new accounts, no new baddies or anything.  I know FICO is the only one to really trust, but it seemed a bit odd to see such a big drop.  My overall util actually went down 1%.  Not gonna pay for FICOs till I get more baddies removed.

 

I've been using my new rewards card to pay for stuff, so the util on that card is high till I pay it, but its not even reporting the new balance yet.  EX dropped about 8 points and TU didn't move at all.

 

Ideas?

I don't know my start scores, but low 500s. 6/2013

2/19/15
EQ FAKO - 638
EX FICO - 665
TU FICO - 697
Message 1 of 3
2 REPLIES
Super Contributor

Re: 30 point drop?

I really wouldn't let it worry you like you said it's a FAKO score and most likely way off anyway.

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 2 of 3
Valued Contributor

Re: 30 point drop?

+1 every time my fakos drop, I get fico increase.
Message 3 of 3