Understanding FICO® Scoring

[hoppermech]

pulled my EQ report on here today and it shows a 10 point drop from 578 to 568 and the only difference in the 2 months is that 5 inquiries dropped. I would think that would make it go up, am I wrong im my assumption

[FrugalRican]

Are you absolutely sure that that was the only difference?

CC balances might have changed? Utilization? Something added?

[hoppermech]

I have one CC it is a Capital one, it is due on the tenth of every month and it is usually at 0 on the 13th when they report to the credit agencies. im pretty sure that is where it was last month as well since i am pretty anal about it

[llecs]

OP, I vote that something else happened.

On the inquiries, did they drop or hit a year old? FICO stops scoring them at a year. If they dropped, they weren't being scored in the first place.

Onto other changes...both scores came from your FICO report, right? I'd look at pages 2 & 3 first. Look for any changes. Even the smallest of changes can result in a drop. Next, look at the Credit At a Glance Page. Look for any changes or balances increases. Any changes will usually change your score. Finally, look at each individual accounts. Look for any balance changes, changes in stati, and so on. Especially look at any date changes on your baddies.