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CLI automatic, scores drop

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lctachell
Valued Member

CLI automatic, scores drop

I had to acoounts have automatic credit line increase and made scores drop 10-15 points. Increases in overall credit should lower my utilization, Right?

 

Also good news, Canceled my Credit One Bank account and paid off 35% of total bills. Thats between both of us

 

Larry

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tonyjones
Valued Contributor

Re: CLI automatic, scores drop


@lctachell wrote:

I had to acoounts have automatic credit line increase and made scores drop 10-15 points. Increases in overall credit should lower my utilization, Right?

 

Also good news, Canceled my Credit One Bank account and paid off 35% of total bills. Thats between both of us

 

Larry


More than likely 99% it's not because your CL was increased, something else in your CR has changed.

Current Fico Scores: (November 2024)
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