FICO dropped 30 pts! Not sure why...
10-05-2012 08:56 AM
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), 771 TU98 , 824 TU08 FICO, 776 EQ FICO , 735 EX(9/12) FICO
Goal Score: 750+, but shooting for the 800's
my wallet: Hyatt Visa Sig ($23K), B&N World MC ($17.3K), Amex RP Gold (NPSL w/ S&T), Hilton Surpass (10K), Freedom Visa Sig ($8.6K), Discover It ($8K), Amex BCP ($9K), FNBO Visa (13.1K), Citi Dia Pref MC ($3.7K),Sam's D ($8.5K), Walmart D ($7.5K), JCP($5.3K), Dicks MC ($2K)