@Unity wrote:I had a drop on my experian report (experian.com) with no changes that I know of or showing on my report, and at the same time my TransUnion and Equifax scores went up. I was wondering if anyone had any ideas on to how I can find out what happened?
On June 1st, my Equifax went up 9 points to 746, then on June 5th my TransUnion went up 10 points to 751. Also on June 5th, my Equifax went down 16 points from 744 to 728. I went over the list of all the things the could make your score drop, but none of them have happened.
Zero late or missing payments
Zero collections
No new credit inquiries (Last was Nov 2021 and has been on report already)
No credit limits decreased (only increased)
Credit utilizatio stays around 1%
No accounts closed
No major event
And not a single thing has changed the last couple months on any of my reports except the scores and one limit increase.
I contacted Experian but was just sent a copy paste message that they can't give me any info about my report, and it just listed the points above even though in my messsage I told them none of that has changed.
Now my credit history isn't a usual one, there are things long in the past that weren't good, but non of them have been on my report for a while. Is ther a chjance something from there has caused this on Experian only? My credit started back in 2003 just after I turned 18. Things were going well at first, but then I was a victim of fraud and it wrecked my credit history. Because of unusual circumstances, I decided to just deal with the messed up credit instead of try to fix it. But then after like 13 years of never using credit, I randomly went to check my score and I had no score. Everything on my report had long been wiped off because I passed the max time fram that they would stay on my report.
At this point (one year ago), I decided to try building credit again and be more cautious about fraud. By this time I had found out who did it in the first place, and knew not to trust them with anything. I started with 3 small secured cards, and just kept using them for small amounts and paying them off as soon as the payment posted. Over the last year I have added a couple more, waiting 6 months in between before applying for another. 6 months after I started, my score came in just under 700. Then over the last 6 months all 3 bureaus had my score around 740.
This last week was where the first unexpected thing happened though. With my Equifax going up 9 points last week on June 1st, things were still looking good. Then on June 5th my TransUnion going up 10 points was nice. But then came the email from Equifax saying my score had dropped. I logged in to see it dropped 16 points at the same time the others were going up. None of the stuff from my past has shown up on any of my reports, so it doesn't seem to be something there. I'm still new to building credit the right way, and really have no idea why this happened. IS it possible they changes the scoring system on my Experian report?
Does anyone have any recommendations on where I should look to try and figure out what happened? Or is this something I just have to wait out and see what happens... I was so happy with the progress I had made in just over a year, from no score to 750. Now I'm just confused. Any info would be appreciated.
I think you're being oversensitive, but if you want to get to the bottom of these minor movements, you would need to dig deeper.
Where are you getting your scores from, and how are you getting them?
Where are you getting your credit report data from, and how are you getting it?
I'm sure that the score changes were the result of data changes.
@Unity wrote:Thanks for the response.
I check my score from a lot of places.
Then you're getting different scoring models, based on different sets of data, from different dates. So trying to detect changes is a futile and misleading exercise.
All of my CC acounts will show a score from 1 bureau
Usually outdated.
and I also use Experian.com
A good source, both accurate and up to date, if you're using one of its paid monitoring services. If you're using a free service there, then it doesn't update daily. If you really want to know what your score is doing, and why, just compare scores within the experian.com site with one of their paid services, and disregard the other stuff from elsewhere that is confusing you. If there is a change in the score here, you can look at the previous day's report, and find out what changed.
and CreditKarma.
Worthwhile for viewing EQ and TU report data, but not useful for scores.
And I have seen scores dip a little from a hard pull, up to 6 points one time.
Seen it where? If you didn't see it on experian.com you didn't see it.
For Experian score itself, I mainly use Experian.com to track my score. And the the 16 point drop was on Experian.com itself. Last month on Experian.com my score was 744. Then yesterday it updated on Experian.com losing 16 points down to 728. But it doesn't show any changes to my report, and I haven't had any changes.
Are you just using the free service? Then you're not getting daily updating, so you don't know what data changes caused what scoring changes.
Is that still within normal fluctuations for Experian.com to show a score of 744, then a month later with no changes Experian.com drop 16 points to 728?
So many things can happen in a month. Your statement that there are "no changes" is simply unsupportable. You can't possibly know that there were no changes. Rest assured there were changes.
I honeslty wouldn't know since I've only been really working on building credit for a little over a year. I understood the small dips from the hard pulls I have done, but this is the first time I've seen a dip when nothing changed. This first year all scores have just been going up, except the small few points from hard pulls.
When you say data changes, are you thinking something changed on my report that I can't see?
There's no doubt about it.
Or the data points they use to generate my score changed.
It's also possible you switched score cards as it is normal to lose a few points at first and gain them plus more back pretty fast.
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@Unity wrote:Yes it shows 0%, only have a $4 balance on one card. That is how it has been all year though. Mainly 0% with only $4-$10 on it. I've had months were I had $0.00 balance and my score was still going up every time.
I got in the habit of paying attention to the report dates, and making sure there was barely any balance balance on a card on the day the company reports each month.
I may have figured out what caused it though after digging deeper. There is no way to know for sure since it's not something that shows on my credit reports. There was something I started doing different a couple weeks ago, so the timing is pretty close.
$4 is a bit low. You should make sure that you have one card reporting a balance of at least $10 each month, to avoid the "all zero" penalty.
