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Credit Alerts but no score change

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JMills
Frequent Contributor

Credit Alerts but no score change

Hello Family, I have a question. I have been monitering my credit with Score Watch and Transunion, I notice for the past week I have been getting a lot of alerts with Score Watch stating that my credit has change, the changes were my balances has decrease, but what I am curious about sometimes my score goes up and sometimes it doesnt. Does paying down your balance helps improve you score? What are the factors? Sometimes it goes up and sometimes it stays. Why is that? Thank in advance

Starting Score: EX: 705 EQ: 711 TU: 750 01/06/2014
Current Score: EX: 673 EQ: 673 TU: 643 05/06/2020

Last App: 05/06/202020 / In the Garden Until: 12/31/2024

Desired Scores EQ 800 EX 800 TU 800

PSCEU $20,000 Navy Signature $6,600 Navy Rewards $2,500
Message 1 of 5
4 REPLIES 4
guiness56
Epic Contributor

Re: Credit Alerts but no score change

Yes paying down balances on your revolving will help your score especially if it is considerably high.

 

If you only paid it down a small amount it may not help.  Or if you get to your "sweet spot".  At some point there will not be any increases.

 

Everything on your CR plays a role in your score.

 

 

Message 2 of 5
myjourney
Super Contributor

Re: Credit Alerts but no score change

Keep paying those balances down and applying the golden rule of:

1 card reporting a balance 1-9% and you will see those score alerts too

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 3 of 5
JMills
Frequent Contributor

Re: Credit Alerts but no score change

Ok I will do so, I have been paying them down. Does it matter what card is reporting 1-9%

Starting Score: EX: 705 EQ: 711 TU: 750 01/06/2014
Current Score: EX: 673 EQ: 673 TU: 643 05/06/2020

Last App: 05/06/202020 / In the Garden Until: 12/31/2024

Desired Scores EQ 800 EX 800 TU 800

PSCEU $20,000 Navy Signature $6,600 Navy Rewards $2,500
Message 4 of 5
guiness56
Epic Contributor

Re: Credit Alerts but no score change

No, doesn't matter which one.  You can switch them up too so they all get usage.

Message 5 of 5
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