TU Drops Score for Each Mortgage Payment Made on Time

[Anonymous]

Don't know whether I should laugh or be concerned.  Second month in row that TU has dropped by score by 1 point (-1) right after I made my mortgage payment (on time) indicating that my "balance had decreased".  If this keeps up in 20 years my score will have dropped by 240 points.....for paying off my mortgage.  LOL

[Iusedtolurk]

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@Anonymous wrote:

Don't know whether I should laugh or be concerned.  Second month in row that TU has dropped by score by 1 point (-1) right after I made my mortgage payment (on time) indicating that my "balance had decreased".  If this keeps up in 20 years my score will have dropped by 240 points.....for paying off my mortgage.  LOL

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You should probably double up on your mortgage payments every month that way you will only lose 120 points by paying off your mortgage in 10 years.

But seriously that shouldn't be happening perhaps something else is triggering the point lost.

[Anonymous]

Thanks.  Laughed at the gif....lol

I am going to dig a little deeper to see if something else helped triggered this.

As of today, I don't "see" anything, but.......

[SouthJamaica]

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@Anonymous wrote:

Don't know whether I should laugh or be concerned.  Second month in row that TU has dropped by score by 1 point (-1) right after I made my mortgage payment (on time) indicating that my "balance had decreased".  If this keeps up in 20 years my score will have dropped by 240 points.....for paying off my mortgage.  LOL

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I'm sure you did not lose the point for making the mortgage payment.

[Anonymous]

There is zero possibility that you are losing points for making the mortgage payment. Something else is changing on your report that you aren't taking into consideration. Are your card balances changing? Any new inquiries or new accounts, or old accounts dropping off the report? 

[Anonymous]

Anything that small you may as well consider it noise, it is going to be virtually impossible to discover the cause.