Score dropped 13 points.....what the heck

[Anonymous]

So the only thing that has changed in my profile from the beginning of the month...is paying a credit card to zero balance.......leaving 2 cards reporting balamces....

Shouldn't my score have gone up and not down......this is so frustrating

[SouthJamaica]

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@Anonymous wrote:
So the only thing that has changed in my profile from the beginning of the month...is paying a credit card to zero balance.......leaving 2 cards reporting balamces....

Shouldn't my score have gone up and not down......this is so frustrating

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Something else caused the score drop

[Anonymous]

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@Anonymous wrote:
U probably missed the part of my post where I said..the ONLY .......smdh

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Just because you didn't change anything doesn't mean nothing has changed - I had a similar score drop a couple months back - in my case it turns out a very old paid and closed account had reached the 10 year mark and dropped off my reports entirel, costing me some AAOA.

If you have a report from before the drop, I'd put it beside the new one and look closely for anything that may be missing or updated

Good Luck!

[Anonymous]

I did compare the reports. Hence I said the ONLY thing that changed, cuz it was the ONLY........

So if anyone had some ideas instead of not reading my post and writing nonsense I would greatly appreciate your knowledge

[CreditMagic7]

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@Anonymous wrote:
I did compare the reports. Hence I said the ONLY thing that changed, cuz it was the ONLY........

So if anyone had some ideas instead of not reading my post and writing nonsense I would greatly appreciate your knowledge

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OK, i have one that might explain what makes sense to me because i just went through something similar.

In your Topic here:

http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Baddies-dropped-off-my-score-went-down/td-p/4835333

It's mentioned some baddies "JUST" came off right?

Welcome to ReAssignment to a different (Clean) Scorecard. If that is indeed what's happened.

My last CRA (EQ) now displaying a dropped PR also canned my EQ score (which i have not updated in my siggy yet) when it readjusted itself or whatever it is that they do with those.

I freaked out that my EQ dropped to 690 and only this month is climbed back to 705.

The only explanation i could possibly determine for such a drastic decline is what has been mentioned in this sub-forum  before (Thanks Revelate).

And that's very likely going from a "dirty" scorecard to a "clean" one which apparently realigns things which also takes some time to climb back up again.

Hope that helps because it's the only Logical possibility that i can compare it to for you short of something aging off from that CRA to affect AAOA. (Which in this respect doesn't appear to be the issue this time).

They obviously drag their feet and don't immediately do the rebucketing (even after getting a "removed" receipt in mail) until they are ready to and then suddenly whamo, different FICO Scorecard and a points change along with that.

[Anonymous]

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@Anonymous wrote:
I did compare the reports. Hence I said the ONLY thing that changed, cuz it was the ONLY........

So if anyone had some ideas instead of not reading my post and writing nonsense I would greatly appreciate your knowledge

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The answer is only 1 of two things here.  Either it wasn't the only thing that changed, or it's a fluke... a scoring abnormality that will likely adjust back.  My guess would be what SJ said in the first reply to this thread, something else changed.  As indicated by someone above, you could have moved into a different scoring bucket based on something aging off.

Paying a credit card to zero cannot result in a score drop in and of itself based on utilization so long as there's another card that still has a balance reported.  The only exception that I can think of is that if the card(s) with reported balances are AU accounts, they are not factored in and thus you'd be scored as if all of your revolvers had zero balances.

[Revelate]

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@Anonymous wrote:
I did compare the reports. Hence I said the ONLY thing that changed, cuz it was the ONLY........

So if anyone had some ideas instead of not reading my post and writing nonsense I would greatly appreciate your knowledge

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I would suggest when asking for help anywhere in life that a more tactful response be made.  We're all adults here; however, none of the posts made were nonsense: the vast majority of humanity does not have the sophistication to read a credit report to the level of detail to emphatically state "only."

There is a simple ideal which is non-negotiable on this forum:

Friendly, Supportive, Respectful

--Revelate, myFICO moderator

[Anonymous]

Thanks creditmagic and brutalbodyshots.....those were responses that I was looking for. Some info that's helpful. You guys are the best, and seem to really knowledgeable about credit. Thanks!!