Hi Everyone,
On the 27th of October, my Equifax FICO 8 score was 765. Three days later ( October 30th) the score dropped 11 points. The only change was a decrease in my American Express Platinum balance from $1054 to $17. That's it, I looked at everything with a tomb comb, and nothing else changed.
What's interesting is that my Vantage score also took a significant hit of 30 points in the same time frame.
Has anyone seen the same results after paying down a " Charge Card"? I am well versed in the credit space but have not seen anything like this before. By the way, this only occurred with Equifax; the other two bureaus remained the same.
I appreciate your thoughts.
