@gdale6 wrote:
@Anonymous wrote:My balances are going down every month but when I paid off 1 card from $13 bucks to $0 my score tanked. Should I report small balances on all cards (Like $20 each) instead of all zeros on the ones that are paid off?
No do not let all cards report a balance even small ones that is a known AA trigger to start getting them shut down. Are we talking a reall fico score here or something else?
That was my initial reaction to the OP. But on second reading I realized OP says the scores are coming directly from Experian, so presumably they're EX FICO 8 scores. If they are coming from Experian, the 2 days reports can easily be compared, to find out what caused the drop.
@SouthJamaica wrote:
@gdale6 wrote:
@Anonymous wrote:My balances are going down every month but when I paid off 1 card from $13 bucks to $0 my score tanked. Should I report small balances on all cards (Like $20 each) instead of all zeros on the ones that are paid off?
No do not let all cards report a balance even small ones that is a known AA trigger to start getting them shut down. Are we talking a reall fico score here or something else?
That was my initial reaction to the OP. But on second reading I realized OP says the scores are coming directly from Experian, so presumably they're EX FICO 8 scores. If they are coming from Experian, the 2 days reports can easily be compared, to find out what caused the drop.
Agree the 2 day report is definitely helpful when needing to see what changes occurred that affected score change.
Also Ex has lately included a link that is very helpful for items that may have affected score changes that is located below the Fico 8 score as seen in pic below.
If you are logged-in directly to the EX website, there is a link that list all items that may have affected your score change. My EX recently dropped a total of 5 points due to a recent inquiry -and- a new account listed on my CR. I hope that helps as 45 points is huge!!!