topic Re: Weird situation has me worried 😒 in General Credit Topics

Weird situation has me worried 😒

Anonymous — Fri, 14 Feb 2020 02:48:11 GMT

So my credit has been great, everything is going fine, and then my car needs brakes. So, I put it on my discover and the statement closed shortly after. I have about 80k worth of credit, 11% (previously 10%), and only 2 cards with higher individual utilization at about 60% each due to BTs. I know credit karma is to be taken lightly but it showed my score dropped 68 points on tu/eq. Would a $900 balance/1% utilization increase really drop my actual FICO 8 that drastically? Is it likely I'll see any AA? I plan to pay it within the next two weeks, just worried in the meantime. I've got relationships with pretty much all of the larger banks for reference

Re: Weird situation has me worried 😒

Jnbmom — Fri, 14 Feb 2020 02:50:24 GMT

@Anonymous

It's credit karma , you can't rely on their score changes at all. No need to try to figure it out .

Re: Weird situation has me worried 😒

thornback — Fri, 14 Feb 2020 02:57:31 GMT

They likely dropped some but certainly not by that much -- Why not pull your FICO scores and see so you can rest easy - at least pull one of them -- you can get EX FICO 8 free from Discover Scorecard

Neither card is maxed and your overall util is still pretty low so I wouldn't worry about AA... just make sure the balance continues to go down and not up and you should be fine.

Re: Weird situation has me worried 😒

Anonymous — Fri, 14 Feb 2020 03:02:13 GMT

I would pull another report. 68 points is a lot, even if CK scores are off. You could have a 45 point drop on a report that you pull yourself.

Re: Weird situation has me worried 😒

Anonymous — Fri, 14 Feb 2020 03:18:04 GMT

So my score that capital one gives dropped 68, have not seen a change with my score from discover yet, and no notification from Experian.. I know I will see some points back once paid off but this seems like way too much

Re: Weird situation has me worried 😒

Anonymous — Fri, 14 Feb 2020 03:29:52 GMT

Capital One and Credit Karma both show you Vantage scores so don't put much stock into those. Discover, however, shows your TransUnion FICO score.

Re: Weird situation has me worried 😒

Anonymous — Fri, 14 Feb 2020 03:38:59 GMT

@Anonymous wrote:
Capital One and Credit Karma both show you Vantage scores so don't put much stock into those. Discover, however, shows your TransUnion FICO score.

My DISCOVER score is slightly lower than my CK scores. It tracked pretty much in line when I maxed out a card. Lost around 40 with Vantagescore 3 and lost 38 on the DISCOVER TU.

Most likely will see a significant drop on other pulled reports.

Re: Weird situation has me worried 😒

thornback — Fri, 14 Feb 2020 03:41:16 GMT

@Anonymous wrote:
So my score that capital one gives dropped 68, have not seen a change with my score from discover yet, and no notification from Experian.. I know I will see some points back once paid off but this seems like way too much

Capital one is Vantage. You need your FICO.

Discover Scorecard is not the same as the FICO scorecard in your Disco account portal. It's an entirely different website available to the public, not just cardholders.

The FICO in your Disco portal is your TU FICO 8. The one given by the scorecard offers your EX FICO 8 and it's free. You can pull it right now. You can pull it once every 30 days... Click the link I put in my first post...

Re: Weird situation has me worried 😒

thornback — Fri, 14 Feb 2020 03:43:46 GMT

@Anonymous wrote:
Discover, however, shows your TransUnion FICO score.

Discover in your Disco Account Portal is TU FICO 8.

Discover Scorecard is EX FICO 8. They are two different things/websites. Scorecard is available to the public for free, not just cardholders:

https://csp.discover.com/free-credit-score/index.html

OP Can pull their EX FICO 8 right now using that link.

Re: Weird situation has me worried 😒

Anonymous — Fri, 14 Feb 2020 05:05:23 GMT

Did not know about Discover Scorecard — thanks @thornback!

I use the Experian app to check my EX score personally. Highly recommend.

Re: Weird situation has me worried 😒

thornback — Fri, 14 Feb 2020 05:10:01 GMT

@Anonymous wrote:
Did not know about Discover Scorecard — thanks @thornback!

You're welcome!

@Anonymous wrote:

I use the Experian app to check my EX score personally. Highly recommend.

So do I (great service)... but every once in a while the Disco Scorecard comes in handy -- like when I've already pulled my score from the EX app for the day... but I know something changed (like I took an inquiry) and I want to see the freshly updated score because I don't want to wait another few hours.... it's perfect.