@Anonymous wrote:
Closed a CC (less than a year old 3.5 Cl) score drops by 3 pts;
Your utilization increased when you lost the 3.5k CL. Utilization going up is often associated with score loss.
Open a CC (with a SL of 15k) score drops by 6 pts;
Opening a credit card adversely affects a number of factors. Not unusual to take a score hit for doing so. Six points is very lenient compared to what it is for some people.
Pay down credit card Util from 5 to 2% ( from 4 k to 1.5k) score drops by 6 more points... yikes.
Paying down CC debt cannot in itself cause a score loss. Unless your reported debt goes to $0 across all cards, or a few other extremely rare events. Therefore your score drop must have been caused by something else.
When does it go up?
