Credit score drop

[Anonymous]

Anyone know why my credit score would drop from 801-768 in one month?

 I have had no major changes in my credit profile for the past few months.  I have not opened any new credit cards, closed any accounts, and been late on any payments.  During the past few months, my credit balances have remained stable.

A drop of 33 points in 1 month seems drastic.  I have checked my credit reports and everything seems fine.

[fused]

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Cardinals wrote:

Anyone know why my credit score would drop from 801-768 in one month?

 I have had no major changes in my credit profile for the past few months.  I have not opened any new credit cards, closed any accounts, and been late on any payments.  During the past few months, my credit balances have remained stable.

A drop of 33 points in 1 month seems drastic.  I have checked my credit reports and everything seems fine.

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BTW, nice score, is this FICO?  You said your "credit balances have remained stable."  What is your utilization on your credit cards?  For example if your credit card has a $1k limit and a balance of $300, your util would be 30% and that is not ideal.  1-9% is where you want to be on all cc's. 

Message Edited by fused111 on 06-24-2007 07:27 AM

[smallfry]

Double check maybe you lost an old TL that was helpful. Seems like a lot to lose in one month w/o major changes though. Wait a few months and see if it doesn't reverse. Experian reports are nice in that they give drop off dates for closed TL's.