I have been rebuilding my credit I was discharged in January I have a capital one cc paying every month my equifax is 630 my trans is 580 and my experian was 590 I paid my balance in full 204 this month and I was hoping I would be in the 600 range for experian however my score dropped 14 points .. anyone know why that may have happend?! It says balance decreased by 204 .. doesn't make sense to me .. thanks in advance!
If you have $0 reporting for your revolving accounts then this will drop your score. The good news is that you can easily fix this by allowing 1 card to report a small balance next month. You want 1 card to report a balance of less than 9% of the CL
