I just got hit with a $193 bill on a CC thats been dormant for a year. Its a card that was issued by AAA and they charge their memebership fees on it.
No big deal right?
Wrong!! dropped my score some 18 pts.
I give up.
Last time I got hit like that was when I missed a $15 payment on a card I thought I'd paid off.
I'm in the middle of trying to refinance my house. I am so tired of this crap.
When is someone going to wake up and get rid of this bogus system.
Depends on your CL and overall util. Pay it and scores should rebound.