It doesn’t make sense to me, I paid off my discover card 19$ balance to 0$. I usually leave that card with no balance on it. As soon as I did that my score dropped 20 points Please explain why my score would possibly drop 20 points, and is there way to prevent this, or is there something I’m doing wrong!
Please provide clear information on what you are saying.
How many revolving accounts are there
Did they report balances
What do you mean "as soon as I did that my score dropped"
I'm not sure if this is a "no revolving credit use" penalty...
The OP states that he usually has a $0 [reported] balance on his Discover card. If that's the case and he usually rolls with all zero balances across all cards, he should have seen a score gain last cycle when one of his cards finally reported a $19 balance instead of all zeros. The of course those points gained would go away once that $19 reported as $0 again... but if the gain didn't come last reporting then the AZ penalty wasn't in place.
3 capital one cards
Venture -300 balance/3300
Quicksilver -1900 balance /2300
Amex delta 0/1200
Amex blue 1500/2000
City furn credit line 2000/10000
Care credit 0/1000
Paying off the Discover balance did not cause the score drop.