topic Re: DESPERATE PLEASE HELP! 76 Point drop with no changes in report in General Credit Topics

DESPERATE PLEASE HELP! 76 Point drop with no changes in report

Anonymous — Wed, 04 May 2011 21:05:38 GMT

Hi everyone,

I am in desperate need, I am about to close on a home and am desperate for some help or answers or guidance any and all of the above, PLEASE!!!

Two months a go the lender pulled my credit score, 674 was my middle score he pulled. Today, two months later the score dropped by 76 points. Nothing has changed, I don't he new inquiries, nor was I late on anything. THe only change was that I lost a credit card last month and requested a new one from HSBC.

Please help, what can I do, I am going to loose the loan :-( I am desperate.

Re: DESPERATE PLEASE HELP! 76 Point drop with no changes in report

llecs — Wed, 04 May 2011 21:47:20 GMT

If your then-mid score dropped by 76 pts to 598, that doesn't necessarily mean that your mid-score is now 598. What was lower of the three scores?

Your lender pulled a FICO of 674. Where did you pull your new score from? Did the same lender pull it or did you get it from another source?

Re: DESPERATE PLEASE HELP! 76 Point drop with no changes in report

AndySoCal — Thu, 05 May 2011 00:22:08 GMT

For a score drop that much at least one account that was current is now delinquent or has new delinquest information.

Re: DESPERATE PLEASE HELP! 76 Point drop with no changes in report

Anonymous — Wed, 11 Apr 2012 16:48:20 GMT

Hi,

I have ran into this same probelm yesterday. How did you get your scores back up to close on your home. I need HELP we are suppose to close in 3 weeks. On 3/5 my middle score was 651 and now has dropped to 575. Nothing change on my credit report since 3/5 until this date.

Re: DESPERATE PLEASE HELP! 76 Point drop with no changes in report

Anonymous — Wed, 11 Apr 2012 16:52:29 GMT

What did you pull that indicated your score is now 575?

Re: DESPERATE PLEASE HELP! 76 Point drop with no changes in report

Walt_K — Fri, 13 Apr 2012 00:00:15 GMT

@Anonymous wrote:
Hi,

I have ran into this same probelm yesterday. How did you get your scores back up to close on your home. I need HELP we are suppose to close in 3 weeks. On 3/5 my middle score was 651 and now has dropped to 575. Nothing change on my credit report since 3/5 until this date.

Look more closely. Something must have changed. Provided you are making a comparison between the same scoring models, that is. Did you get the 575 from your lender, or did you check the score yourself through someplace?