Score dropped two points after paying down balance on credit card

[Anonymous]

Good evening all!!

After paying down balance of credit card and utilization rate going down to 30% from 35%

my score dropped 2 points,  any one knows why this occur? 

thanks

[Anonymous]

If your percentages are correct, it had nothing to do with paying down your balance, because you didn't cross one of the known utilization thresholds. If you'd gone below 28.9% you could expect to possibly see a score change. Something else must have changed on your report, but you've not provided enough info to speculate. 

[Anonymous]

thanks for your insight as i am fairly new to the site i had been on ad off for sometime,

and at times only reading and trying to grasp all the knowledge that you guys are offering here.

NO other changes to my credit as we are in process of buying a pre-construction home

and expecting to close in november, only paying down debt. good to know that if the card had

been paid down to 28.9% that would of helped the score. i will make sure to put that into work

on the next card that i am paying, which will be below 25% after what i am paying now.

that one reports to the bureau between 12th and 13th of each month. I will update as i progress.

thanks

[Anonymous]

Basically you can expect a score boost every time your utilization becomes less than or equal to 9%, 29%, 49%, 69%, or 89%. The biggest boosts will be for your total aggregate utilization on all cards, but the thresholds apply to individual cards to some degree as well.

[AllZero]

@Anonymous   I would recommend reading the below from ABCD2199
The Truth about Credit Card Utilization
My 11 Rules to Credit Rebuilding
FICO Score: What to pay down first?

From Birdman7
General Scoring Primer and Version 8 Master Thread rev.5.17.20