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Any ideas why my TU FICO score would drop five points despite no change to my TU credit report? I pulled my TU report through MyFICO this morning after getting the alert, but everything on the report is exactly the same as it was about two weeks ago.
It could be the algorithm catching up, especially if you've had a lot of changes in the past few months. It could be as simple as a negative account that hasn't updated in a few months sending a fresh update (so, even though there's no change in balance or status, they recently reported the status quo, and that recent reporting stings a little more.)
Don't sweat the little dips here and there. I know it's hard when you're rebuilding and you want to see every little point gain, but in the grander picture, those little fluctuations for normal credit activity (small increases in utilization, a new account reporting) are going to happen. Focus on doing the right things, and your overall gains. It'll keep you saner than plotting every little dip!
@Anonymous wrote:[...]
Don't sweat the little dips here and there. I know it's hard when you're rebuilding and you want to see every little point gain, but in the grander picture, those little fluctuations for normal credit activity (small increases in utilization, a new account reporting) are going to happen. Focus on doing the right things, and your overall gains. It'll keep you saner than plotting every little dip!
Thank you. That's very good advice.
If you figure it out, let me know.
@Anonymous wrote:If you figure it out, let me know.
LOL - what the heck are you doing? That is... unbelievable!
That looks like an EKG of a heart attack!
And it keeps on truckin'. If I buy another report, (all those green dots are me buying another report after these stupid drops), it'll go back up again.