Valued Contributor
Posts: 1,093
Registered: ‎02-15-2012
FICO dropped 30 pts! Not sure why...

OK- Scorewatch tells me I have an update.  FICO dropped 30 pts. UGH! Now what?


Although CreditKArma reflected the mortgage inquiry, Scorewatch did not show a new inquiry.  Not sure what could cause THAT BIG of a FICO drop.  My CC balances jump around a bit, but not enough to cause 30 points. Is it possible that it is a scorewatch glitch that could correct itself? 


733 was good for the rates and terms I need on this refi, but 703 is probably not. Now I am scared.  I thought the appraisal was going to be the only possible problem, but now this!


What will happen? Will they use the original FICO, or am I screwed?

Starting Score: 693 TU FICO, 679 EQ FICO
Current Score: 748 TU(12/12), 783 TU98 , 813 TU08 FICO, 744 EQ FICO , 735 EX(9/12), 794 EX08 FICO, 809 EX08 bankcard FICO
Goal Score: 750+, but shooting for the 800's
Hyatt Visa Sig ($23K), Amex BCP (20.7K), BofA Travel Rewards ($17.5), B&N World MC ($17.3K), Amex RP Gold (NPSL w/ S&T), Cash+ Sig (15K), FNBO Visa (13.1K), Hilton Surpass (10K), Freedom Visa Sig ($8.6K), Disc It ($8K), Citi Dia Pref MC ($3.7K),Sam's D ($8.5K), Wally D ($7.5K), JCP($5.3K)