40 point score drop! Why!?

ravaage · ‎10-26-2014

So within a month my score went from 638 to 598! Within this month I never missed any payments, closed any accounts, or opened any accounts. The only thing I did was a DV letter to LVNV and PRA followed by PFDs. Could this have caused the score drop?!?! Any insights would be greatly appreciated. What should I do next???

Thanks!

Current FICOs: (10-27-14) EQ- 655 / EX- 659 / TU- 653

Chase Sapphire Preferred $5,000 / CapitalOne Quicksilver $3,000 / Barclaycard Rewards $2,500 / Barclaycard Apple $1,200 / CapitalOne Platinum $750 / Macy's $600 / Chase Freedom $500

In the garden as of 11/04/2014

Techsavvy · ‎10-26-2014

Which credit score dropped? You may want to verify that something new didn't show up on your report.

Beginning credit score 3/13 TU 600, EX 601
Current scores 04/15 MYFICO TU 710, EX 699, EQ 663
NFCU Cash Rewards Signature Visa $12,500, Venture $10,000, Venture One $5000, BBVA NBA Amex $3,500, NFL Extra Points World Mastercard $2,500, Sallie Mae Rewards World Mastercard $2,500, Barclay's Reward Mastercard $5,300, Paypal Extras Platinum Mastercard $2,501, Capital One QSI $2,750, Merrick Visa $1100, Discover It $1000, Walmart $6,000, Kohl's $1000, VS $1450, Buckle $1250, Kingsized $1250, HSN $1150, Target $400, TJX Rewards $3500, Chevron $3500

Anonymous · ‎10-26-2014

If it not your FICO score I wouldnt be worry about it.

Anonymous · ‎10-26-2014

I believe that when you dispute an item, it will taken out of the score equation since it's being disputed. Depending on what your file is, that dispute maybe raised your utilization ratio or it rebucketed you. I'm just a newbie though so take it with a grain of salt.