@nlsnyder80 wrote:I had 3 credit cards increase my limits this last month. Two were soft pulls and one was an auto increase. Nothing else has changed. No new inquiries, no new tradelines. Total credit utilization is less then 5%. My score dropped 36 points on one and 28 on another from the limit increases. Experian shows the limit increases but no change in my score. What the heck? Will it go back up? I've been gardening since December of 2022. Feeling devastated right now.
This was not due to limit increases. You will need to compare your reports line by line, and side by side to see where the issue lies. Have you had any old account drop off of your report changing your AAoA or AoOA? Have you let all trade lines report in at $0 balances? There could be a lot of different cause for the decrease, however it is not due to CLIs.
@nlsnyder80 wrote:I had 3 credit cards increase my limits this last month. Two were soft pulls and one was an auto increase. Nothing else has changed. No new inquiries, no new tradelines. Total credit utilization is less then 5%. My score dropped 36 points on one and 28 on another from the limit increases. Experian shows the limit increases but no change in my score. What the heck? Will it go back up? I've been gardening since December of 2022. Feeling devastated right now.
Are you referring to FICO or Vantage scores?
@nlsnyder80 wrote:I had 3 credit cards increase my limits this last month. Two were soft pulls and one was an auto increase. Nothing else has changed. No new inquiries, no new tradelines. Total credit utilization is less then 5%. My score dropped 36 points on one and 28 on another from the limit increases. Experian shows the limit increases but no change in my score. What the heck? Will it go back up? I've been gardening since December of 2022. Feeling devastated right now.
The credit limit increases did NOT cause any reduction in your scores.
Something else changed. You just need to find out what.
As everyone else has mentioned, it was definitely NOT the CLIs. You need to go back and compare your reports side by side and go over every single line with a fine-tooth comb.
@nlsnyder80Please dont think we judge or anything close around here. We dont. You didnt have to delete your opening post. Now others have really no idea what was asked and then there are responces. We're here to help each other out. Anyone judges or even thinks differently. Mods will take care of that. No question is too dumb. If you happened to find out what was the cause of the decrease. Let us know so others that fall into the same situation can fix or learn from it. Happy FICO'ing!
@nlsnyder80 wrote:No not at all. I'm just super frustrated with it all. I didnt expect score increase but i definitely wasnt expecting such a big drop. I check everything practically daily. Have paid all my debt off except for a tiny bit on two cards. ($3600). The other 10 cards are currently at zero. Total credit limit 75k. My score has been steadily increasing the entire last year. I was feeling super confident I would hit close to 800 or over this next year. Having excellent credit is super important to me. Made lots of mistakes in the past and just was really proud of myself about how far I had came.
Currently going over all my reports line by line seeing what changed and trying to figure out what happened.
I appreciate all of the input and advice. 😊
It's vantage scoring that's showing the drop.
Vantage scoring is much more volatile, and much less predictable, than FICO scoring. So it's inadvisable to get yourself worked up over any sudden movements in your Vantage scores.