https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Experian-says-my-score-drop-16points/m-p/3726062#M87323 <P>Thanks for the link. This seem to be my probelm.</P> Wed, 07 Jan 2015 06:30:20 GMT Anonymous 2015-01-07T06:30:20Z https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Experian-says-my-score-drop-16points/m-p/3725970#M87309 <P>I don't understand why but I log into&nbsp;Experian today an notice my score drop 16 points. I did pay off my&nbsp;installment loan an it reported paid. The status says closed. Is this the reason why it drop so many points? I have checked inq an nothing. The only change in my report is that the CU updated as my loan is paid off an account closed. Was I not supposed to pay the loan off early?</P> Wed, 07 Jan 2015 05:17:19 GMT https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Experian-says-my-score-drop-16points/m-p/3725970#M87309 Anonymous 2015-01-07T05:17:19Z https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Experian-says-my-score-drop-16points/m-p/3725982#M87310 <P>Dunno if this applies to your circumstance directly but it might help to explain what happens sometimes when you pay off a loan.</P><P>&nbsp;</P><P><A target="_blank" href="https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Installment-Loans-Paid-off-Major-FICO-Drops/m-p/3495929#M84381">http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Installment-Loans-Paid-off-Major-FICO-Drops/m-p/3495929#M84381</A></P> Wed, 07 Jan 2015 05:25:51 GMT https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Experian-says-my-score-drop-16points/m-p/3725982#M87310 CreditMagic7 2015-01-07T05:25:51Z https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Experian-says-my-score-drop-16points/m-p/3726062#M87323 <P>Thanks for the link. This seem to be my probelm.</P> Wed, 07 Jan 2015 06:30:20 GMT https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Experian-says-my-score-drop-16points/m-p/3726062#M87323 Anonymous 2015-01-07T06:30:20Z