@t25 wrote:paid off mortgage and my score droped 34 points.
Wow being debt free is not good for FICO I guess.
Welcome to the forums!
That's an astonishing drop for paying off any type of installment loan including a mortgage. If I may ask where are you getting that score from and what was your before and after score? Anecdotally we've had reports where people will lose a few points for not having two installment loans open and reporting but we're talking a handful not 34.
As this is an old thread splitting it out to a new one.
