Lender fixed reporting error, scores lower than before error.

[Anonymous]

Hey all, 

I thought I'd ask to see if anyone had any insight on why this might happen. 

Lender reported an account 30 days late on a loan that had been closed but still looked open due to an error on the lender's side. 

My credit score falls 50 points

I call Lender and explain that they reported this account in error, they agree and submit letter to correct the issue. 

This fix now reflects on my reports but my score only recovers 25 points. 

Any idea why this might happen or if there's anything I can do?

[NYC_Fella]

There is a penalty for completely paying off your loans.

[FireMedic1]

If you have no other loans reporting now. Thats about right. Look into NFCU and PENFED for a SSL loan. You fell out of the FICO credit mix bonus with at least 3 cards and a loan. Welcome!

[Anonymous]

FICO credit mix bonus with at least 3 cards

What is meant by bonus of having 3 credit cards? What if one has three and then closes one?

[FireMedic1]

If you have no other loans thats a ding. Thats why I posted looking into a SSL. Whatever you lost with no loans can be recovered with an SSL. The late that was added then deleted. That 25 points was given back to you. FICO doesnt care for 50% or more of your total cards reporting a balance which also is a ding. With three cards and AZEO. Only 33% is reporting.