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@Anonymous wrote:
I received 3 alerts this morning on MyFico that caused a 25 point decrease on my experian score. (Alerts losted below). Can anybody help me understand what would cause such a drastic decrease. Thank you.
- Balance decreased by $200 on Lowes card, utilization is now at 81%
- CLI increase at Capital One $100
-Balance increased at Capital One by $83, utilization is at 23%
The contents of MyFICO alerts, and the score changes to which they refer, are often unrelated to each other.
In your case...
(a) neither of the first two events could have caused a point loss;
(b) the third could possibly cause a small point loss, but not 25 points.
So IMHO there's something else which caused the point loss.