I am looking for a little insight into a recent negative change to all 3 of my credit reports. I've been working very hard to restore my credit scores and have pushed them back into the mid-700s. I recently paid off a personal consolidation loan and my transunion and equifax dropped -8 and experian dropped -11. There were never any late payments and I think I paid it off one payment early. Thanks for any comments in advance.
If you only had two payments left when you paid it off, you could have lost the score bonus from having b:l ratio at < 9%. If it was your only open installment, you would have also lost points for not having an active installment.