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loan balance decrease / payoff cause score to drop

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djc225
Established Member

loan balance decrease / payoff cause score to drop

i consolidated student loans and when the balance on one of them dropped to $0, my score dropped.  I would have expected a score increase?

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2 REPLIES 2
Anonymous
Not applicable

Re: loan balance decrease / payoff cause score to drop

This is normal behavior. If you search this forum, you'll find dozens of posts about the same thing happening to other members.

Message 2 of 3
Revelate
Moderator Emeritus

Re: loan balance decrease / payoff cause score to drop

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