cancel
Showing results for 
Search instead for 
Did you mean: 

Why did my score just drop

tag
Anonymous
Not applicable

Why did my score just drop

My Score just dropped 13 points. Smiley Sad It says it was caused by late payments. I haven't had any late payments in 3 months. Why would it change now? I just got my mid core up high enough for a mortgage on Friday and now this. My midscore is no longer high enough. I am heartbroken.
Message 1 of 5
4 REPLIES 4
Anonymous
Not applicable

Re: Why did my score just drop

So sorry to hear that. Smiley Sad

Have you pulled your CR's to find out what has changed?

If it says late payments then it's not due to high utilizations affecting you.

Is your information coming from a credit monitoring service?
Message 2 of 5
Anonymous
Not applicable

Re: Why did my score just drop



Sylviatob wrote:
So sorry to hear that. Smiley Sad

Have you pulled your CR's to find out what has changed?

If it says late payments then it's not due to high utilizations affecting you.

Is your information coming from a credit monitoring service?

I got a Score Watch alert that my score dropped. The reasons was:

This score decrease may be caused by this new reason:

  • You have multiple accounts showing missed payments or derogatory descriptions.

I pulled my report and nothing has changed on it. I just don't know.



Message Edited by 4kids4me on 01-22-2008 08:44 AM
Message 3 of 5
Anonymous
Not applicable

Re: Why did my score just drop

oh wow this sucks scores can change daily maybe it will be back up by then--keep the faith hopefully  this is something that will correct itself quickly especially if you havent done anything wrong---
 
so sorry to hear that Smiley Sad
Message 4 of 5
fishbjc
Senior Contributor

Re: Why did my score just drop

I think this whole scoring process needs to be regulated.  We, as consumers, have the right to know and understand this secret formula
 
I'm sorry this has happened to you.  Best Wishes in Getting Your Score UP.
Message 5 of 5
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.