Reply
New Member
leenmlss
Posts: 4
Registered: ‎04-20-2007
0

Major Drop

I just purchased the my fico product on April 11th. Since then my score has droped close to 40 points with NO changes on my report!! What to do????? Why did this happen???
Valued Contributor
TheNewWorldMan
Posts: 2,374
Registered: ‎03-15-2007
0

Re: Major Drop

Did anything get DELETED from your credit report, like an old positive tradeline?

Did your utilization increase--did you charge anything on your credit cards?
- - - -
in a credit-scoring postnuclear Stone Age...
New Member
leenmlss
Posts: 4
Registered: ‎04-20-2007
0

Re: Major Drop

There are no changes between the two reports...
Regular Contributor
okrogius
Posts: 169
Registered: ‎03-16-2007
0

Re: Major Drop

[ Edited ]
You're missing something. There has to be a change in something for that big of a difference assuming you're comparing two scores from myfico from the same bureau. Balance, inquiries, last activity dates on negative items, etc.
 
Unfortunately it's not as easy to come up with something like "unplug the device, make sure the connection isn't dusty, and plug it back in" (a polite way of saying "check that the device is plugged in" but asking this way actually leads to the person doing as requested, rather than just thinking he/she isn't stupid enough to do something like this) for credit reports.


Message Edited by okrogius on 04-22-2007 12:01 AM

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+