topic Re: Score drop? Def confusing need help understanding in Understanding FICO® Scoring

Score drop? Def confusing need help understanding

Talonwildstar — Sun, 06 Sep 2020 18:22:54 GMT

20 accounts

5 accounts with balance at 5% utilization across the board.
highest utilization is 23% on a 10,000 limit card with 48 months finanacing
no late payments

last hard inquiry 8 months ago

transunion FICO 8 772

Equufax FICO 8 760

EXPERIAN was 760

Sept 4th Experian down 26 points to 734 no explanation at all

everytine I have ever had a score go down or up it came with an explanation ... all this says is down 26 points .. that's it

I got the report and it say nothing new or changed in 60 days

0 collection

0 bankruptcy

so I filled out for all 3 credit bureaus reports TransUnion is perfect, Equifax is perfect, but the Experian one won't go through it keeps saying sorry Experiancing technical difficulties call this 1-800 number and I get no info ... very confused here.

Re: Score drop? Def confusing need help understanding

CreditInspired — Sun, 06 Sep 2020 21:47:42 GMT

@Talonwildstar wrote:
20 accounts
5 accounts with balance at 5% utilization across the board.
highest utilization is 23% on a 10,000 limit card with 48 months finanacing
no late payments
last hard inquiry 8 months ago
transunion FICO 8 772
Equufax FICO 8 760
EXPERIAN was 760
Sept 4th Experian down 26 points to 734 no explanation at all
everytine I have ever had a score go down or up it came with an explanation ... all this says is down 26 points .. that's it
I got the report and it say nothing new or changed in 60 days
0 collection
0 bankruptcy
so I filled out for all 3 credit bureaus reports TransUnion is perfect, Equifax is perfect, but the Experian one won't go through it keeps saying sorry Experiancing technical difficulties call this 1-800 number and I get no info ... very confused here.

Just brainstorming here.

Did you pay off an installment account or a carnote?

What is the exact UT on each card that has a balance?

Was the $10K card kind of dormant and all of a sudden you charged something large on it?

Did you open any new accounts?

Did you suffer any AA?

Did you put a mortgage, loan, CC in forebearance?

Did you have any return check?

If the answers are no, it's time to get your free credit reports from www.annualcreditreports.com and go over them with a fine-tooth comb.

GL2U

Re: Score drop? Def confusing need help understanding

Anonymous — Mon, 07 Sep 2020 05:45:28 GMT

What are your aging metrics? Good questions above.

Re: Score drop? Def confusing need help understanding

Talonwildstar — Mon, 07 Sep 2020 13:25:16 GMT

No to everything, no loan pay off, the 23 % been paying on since nov 2019, 11% Best Buy been paying that since June 2019, 11% been paying thT since oct 2019 all are deferred payments ...5% utilization on $126,500 available credit

No late payments

no new loans or pay offs

some credit cards upped there credit limits

one upgraded to visa signature on its own last month

and one upgraded to world elite MasterCard on its own

and 4 old inquiries fell off the report

2 months ago a 7 yr medical collection fell of the report my score went up 58 points...do you think there drop is some kind of correction like they went to high to begin with?

i didthe credit reports from annual credit reports .com .... trans union and equifax were fine, but I couldn't see my Experian because all it says is they are having technical difficulties please call 1800 number but no one answers so I can see my experian report and it's the one that had the drop .. so frustrating

Re: Score drop? Def confusing need help understanding

Remedios — Mon, 07 Sep 2020 16:20:10 GMT

How old is your oldest account?

Is the two years in your signature current or you just didn't update in a while?

Re: Score drop? Def confusing need help understanding

multiplicity — Mon, 07 Sep 2020 20:06:58 GMT

Do you use an adblocker? I can't get my experian if i don't disable my adblocker - it gives me the spiel about technical difficulties if i leave it on.

Re: Score drop? Def confusing need help understanding

Anonymous — Tue, 08 Sep 2020 01:12:24 GMT

Yeah if you just hit three years oldest account, that would make sense on version 8.

What are your aging metrics?