Score Drop...Says a possible missed payment!!!!

[Anonymous]

My score dropped from 706 to 693.  This isn't alarming to me in and of itself because I don't need any new credit as I just got a Discover More & a Chase Flexible card, refinanced my car and bought a house.  I expected my score to take a hit and get better again over time.  It is the reasons listed that has me freaked out.

Here is what my alert said:

This score decrease may be caused by these 3 new reasons:

• You recently opened a new credit account.
• You have a short credit history.
• You have missed payments on your credit accounts.

I have missed NOOOOOOO payments.  Especially since they all have zero interest, and I have made payments on all the cards (PIF all except the balance transfer to Discover, paying off in 6 months)

Should I order a score report to see, or have any of you gotten this message and it hasn't been true.  I would think a missed payment & new credit w/ a balance would lower my score more than 13 points.

What should I do, it's only $10, but if it is unnessary for me to be freaking out I would love to know.

Thanks!!

[Anonymous]

the hit is likley from the new account or the INQ's-

Discover reports very quickly-

$10.95 to find out for sure.  

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ritmeyer wrote:

My score dropped from 706 to 693.  This isn't alarming to me in and of itself because I don't need any new credit as I just got a Discover More & a Chase Flexible card, refinanced my car and bought a house.  I expected my score to take a hit and get better again over time.  It is the reasons listed that has me freaked out.

Here is what my alert said:

This score decrease may be caused by these 3 new reasons:

• You recently opened a new credit account.
• You have a short credit history.
• You have missed payments on your credit accounts.

I have missed NOOOOOOO payments.  Especially since they all have zero interest, and I have made payments on all the cards (PIF all except the balance transfer to Discover, paying off in 6 months)

Should I order a score report to see, or have any of you gotten this message and it hasn't been true.  I would think a missed payment & new credit w/ a balance would lower my score more than 13 points.

What should I do, it's only $10, but if it is unnessary for me to be freaking out I would love to know.

Thanks!!

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[haulingthescoreup]

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@Anonymous wrote:

My score dropped from 706 to 693. This isn't alarming to me in and of itself because I don't need any new credit as I just got a Discover More & a Chase Flexible card, refinanced my car and bought a house. I expected my score to take a hit and get better again over time. It is the reasons listed that has me freaked out.

Here is what my alert said:

This score decrease may be caused by these 3 new reasons:

• You recently opened a new credit account.
• You have a short credit history.
• You have missed payments on your credit accounts.

I have missed NOOOOOOO payments. Especially since they all have zero interest, and I have made payments on all the cards (PIF all except the balance transfer to Discover, paying off in 6 months)

Should I order a score report to see, or have any of you gotten this message and it hasn't been true. I would think a missed payment & new credit w/ a balance would lower my score more than 13 points.

What should I do, it's only $10, but if it is unnessary for me to be freaking out I would love to know.

Thanks!!

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Here's the critical phrase:

This score decrease may be caused by these 3 new reasons:

I once got an alert just like yours, except that all three reasons were the missed payment bit. I nearly had hysterics, pulled all my reports, raked customer service over the coals, you name it.

I'd really like to seem them dump this little gem. Very misleading!