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New Member
Maggie11
Posts: 2
Registered: ‎05-25-2007

How can this be?

Hi,
I pulled all 3 FICO scores on 2/4/08 and again on 3/7/08.  My score on TransUnion went down 17 points and I can't understand why.  Here is what I discovered under "What is helping and what is hurting?  Can anyone explain this to me?
 
2/4/08
TransUnion
score: 706
Helping:
Low credit usage: 1%
Many accts paid on time: 8 accounts
Recent credit card use
Hurting:
Deliquency+public record: BK13 filed 4/2002 discharged 8/05
Short Account History: 13 Years 1 Month
Bad payment history: 6 accounts due to BK13
 
3/7/08
TransUnion
score: 689
Helping:
Low credit usage: 1%
Long Account History: 13 Years 1 Month
Many Accts paid on time:8 accounts
Hurting:
Deliquency+public record: BK13 filed 4/2002 discharged 8/05
Bad payment history: 6 accounts due to BK13
Recent missed payment: shows 11 months ago.  I haven't been late since 2002
 
How is it possible to have a short account history one month in the "hurting" catagory to having the same thing appear the following month in the "helping" catagory?  I also don't understand the recent missed payment when it doesn't show up on the TransUnion report. 
 
I really want to understand why my score dropped 17 points.  Thank you in advance for responding.
Moderator Emeritus
ByrdMan
Posts: 7,975
Registered: ‎12-19-2007

Re: How can this be?

Maggie, if I were you, I would go through each account one by one, paying special attention to the payment history portion to ensure that nothing is being reported p.d. Also, look at the payment status on each report.
___________________________________________________________________
Do what is true in spite of the consequences--your future is only as true as you are.
Moderator Emeritus
Timothy
Posts: 9,252
Registered: ‎03-19-2007

Re: How can this be?

Mine flips back and forth between helping and hurting as well-
 
I would dig in and find an change-
Accounts with balances?
Cards/account birthdays?
 

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