Score dropped 46 points

[Anonymous]

Can someone explain to me why my score dropped almost 50 points because I had a CL increase of 5500????  

[SouthJamaica]

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@Anonymous wrote:

Can someone explain to me why my score dropped almost 50 points because I had a CL increase of 5500????  

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That's easy. It didn't drop because you had a credit limit increase. It dropped for some other reason.

[Revelate]

If we are talking FICO something else changed: a higher CL with no other changes won’t impact one’s score like that. Where are you seeing your scores from?

[Anonymous]

Mine dropped about 30 points for a balance increase, yet I also had a CL increase. So it might have been a bigger score drop had there not also been the CLI. 

Also had an Auto Loan close, but the new one hasn't been added yet. So I will possibly see another score drop when that reports.

There must have been other factors at play that you're not seeing.

[Anonymous]

Im checking credit karma I know they aren't very accurate, but they update weekly. The only nother change was a 51 dollar increase of my daughters student loans.

[Anonymous]

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@Anonymous wrote:
Im checking credit karma I know they aren't very accurate, but they update weekly. The only nother change was a 51 dollar increase of my daughters student loans.

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And there's the problem.  CK uses the VS 3.0 model, not a FICO scoring model.  Ignore the scores completely from CK and pay no mind to wild score swings.  Track only your FICO scores, since those are what lenders use 99% of the time.

[Jnbmom]

CK is not your FICO score. Disregard them. Get your true FICO scores to see where you really stand.