Whenever I see a score go up and down quickly by the exact number of points, I get VERY nervous about the possibility of a split file, where there gets to be so much data in your file that it "splits", with some of your history in one place, and the rest in another.
If you know your score, but not what's on your report, it sounds like you might have Scorewatch, which is EQ (Equifax), rather than EX (Experian.) If it was Equifax, that would make sense, as EQ is a bit unstable and more prone to splitting. I guess Experian can split too, but I just haven't heard of it before.
If you have printed or otherwise saved any of your old reports, it would probably be worth paying for a new report. (If this is EQ, and you do have Scorewatch, your report is cheaper.) Carefully compare the old report to the new one, and see what's different, line by line, number by number. Something has created this score change, and scores are derived from the info on your reports. Click the printable view --it's easier to see what's there.
Another possibility is that an old account has fallen off your report, maybe sooner than it should, and you have lost good history. But 70 points --that's an awful lot; more like several accounts. EQ has also had problems with losing old accounts prematurely. So again, do a very careful comparison, including of your closed accounts.
Message Edited by haulingthescoreup on
02-11-2008 03:34 PM
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007