Score Drop after large payment

antgavjoc · ‎07-30-2017

I paid down $1500 on my USAA CC and my score dropped 15 pts. I still owe about $30,000 in total CC debt between all of the cards that I currently have. Im shocked that my score actually went down with such a large payment. I still owe $4400 on that card and it has a $6000 limit. Anyone know how long it will take for my score to bounce back?

Starting Score: 588My Fico Equifax, 605 My Fico TU 621, My Fico Exp 620
Current Score: 614
8/7/2019 My Fico Equifax 605, My fico TU 621
Goal Score: 750

Take the myFICO Fitness Challenge

rmduhon · ‎07-30-2017

Where did you get the score from? Paying down a card won't drop your scores, something else happened to cause it.

antgavjoc · ‎07-31-2017

I got them from MY Fico. I have a monthly monitoring account that I pay for. TU went down 15 and EQ went down 25pts

Starting Score: 588My Fico Equifax, 605 My Fico TU 621, My Fico Exp 620
Current Score: 614
8/7/2019 My Fico Equifax 605, My fico TU 621
Goal Score: 750

Take the myFICO Fitness Challenge

antgavjoc · ‎07-31-2017

Starting Score: 588My Fico Equifax, 605 My Fico TU 621, My Fico Exp 620
Current Score: 614
8/7/2019 My Fico Equifax 605, My fico TU 621
Goal Score: 750

Take the myFICO Fitness Challenge

rmduhon · ‎07-31-2017

The balance change was a trigger to give you an update but it wasn't the cause of the score drop. Look over your reports closely to see what caused ir.