12 point drop on TU

[Anonymous]

ran my credit this weekend and found my trans union droped from a 690 to a 677... it looks like this

Your most recent late payment happened
2 Years, 10 Months agoMost FICO High Achievers [?], about 93%, have no missed payments at all. But of those who do have a missed payment, it happened nearly 4 years ago, on average.

this moved to the negative side. on 1/5 when I ran my credit it was on the positive side. not to sure of what happ.

also looks like my car lease is being reported as a credit card now.

on the plus my EQ is at a 707

Message Edited by bekki2302 on 02-08-2010 04:37 AM

Message Edited by bekki2302 on 02-08-2010 04:50 AM

[Jazzzy]

You have made remarkable progress in a very short time. Congratulations!

I always take my explanations from Score Watch with a grain of salt. You're right...a negative can become a positive, then bounce back to negative next time around. I think Score Watch tries to come up with a certain number of comments, and by the time there is not much to criticize, that's what happens.

When you say that your car lease is reporting as a credit card...I'm not sure I understand. They certainly don't classify it as revolving credit, do they? Can you please give us some more details on what you're seeing?

As for the drop, did your utilization change? It's a 13-pt drop...not huge in the scheme of things, but something on your report changed. Any new inquiries?

[Anonymous]

it says my total debt is a negative factor

 the total is $12342.

the break down is

honda-$3965-lease

ed financial-$2381,$3458- school loan

chase 745- cc

macys-1793-cc

Now this just appeared on the negative this month it was not there last.

thanx for the kudos 707 and going strong for eq

[Jazzzy]

OK...I don't think your lease is being counted as a credit card, but it is being counted in your total debt.

Bringing your balance down on your credit cards is likely the fastest way to boost your score. I say that without knowing your utilization, but getting the cards down always helps.