I checked my EQ report today after paying down a credit card balance of $372. which left an account balance by statement post date of $31.00. I expected my score to increase a point or so and instead to my suprise my score dropped from 673 about 2 weeks ago.
The only difference I could find on my credit report was under "understanding your score"
673 Fico the 2 positives listed were 1) Bills paid on time; 2) Recent credit card use
664 Fico the 2 positives listed are 1) Bills paid on time; 2) Many accounts paid on time
Nothing had changed in the Whats hurting your score area.
I'll have another $2,000 less in credit card debt tomorrow once my US Bank and and Best Buy reports.
Can anyone explain the difference in the understanding your score and what potentially made my score drop?
Thanks so much!!
