https://ficoforums.myfico.com/t5/Auto-Loans/Refinanced-and-score-dropped/m-p/4968059#M72228 <P>It's normal if your old loan is $0 and your new loan is 100% utilization. &nbsp;When you pay down the new loan below 100% you should get some of that back, and all the points will return when your installment utilization drops a bit more.</P> Mon, 05 Jun 2017 20:37:18 GMT Anonymous 2017-06-05T20:37:18Z https://ficoforums.myfico.com/t5/Auto-Loans/Refinanced-and-score-dropped/m-p/4968058#M72227 <P>I refinanced an auto loan from Ally who reported to Experian, and my credit union who I refinanced with also reports to Experian. Ally finally reported a 0.00 balance today after my refinance showed up with the credit union last month. So Experian dropped 20 points because it says I paid my auto loan... So it dropped 20 points because I no longer have two installments? Is this normal?</P> Mon, 05 Jun 2017 20:35:02 GMT https://ficoforums.myfico.com/t5/Auto-Loans/Refinanced-and-score-dropped/m-p/4968058#M72227 Anonymous 2017-06-05T20:35:02Z https://ficoforums.myfico.com/t5/Auto-Loans/Refinanced-and-score-dropped/m-p/4968059#M72228 <P>It's normal if your old loan is $0 and your new loan is 100% utilization. &nbsp;When you pay down the new loan below 100% you should get some of that back, and all the points will return when your installment utilization drops a bit more.</P> Mon, 05 Jun 2017 20:37:18 GMT https://ficoforums.myfico.com/t5/Auto-Loans/Refinanced-and-score-dropped/m-p/4968059#M72228 Anonymous 2017-06-05T20:37:18Z https://ficoforums.myfico.com/t5/Auto-Loans/Refinanced-and-score-dropped/m-p/4968070#M72229 <P>Oh! Thank you for clearing that up!&nbsp;</P> Mon, 05 Jun 2017 20:46:15 GMT https://ficoforums.myfico.com/t5/Auto-Loans/Refinanced-and-score-dropped/m-p/4968070#M72229 Anonymous 2017-06-05T20:46:15Z