Update: Well, this should be a cautionary tale about trusting Credit Karma and VantageScore (or whatever it's called). I bit the bullet and paid to pull all three bureaus and no such horrifying score drop to be found. TU is 755, which is the second highest, Equifax was 760-something and Experian was 730-something.
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Let me preface this by saying, I may understand why my score dropped, but that much??
I did a balance transfer from a personal loan to a 0% (AmEx ED) to save myself a little bit of money in interest for the next year. Naturally, I expect the new balance on the card to affect my score, but yikes!
Equifax, by comparison, with all of the same information reporting, shows a 9-point drop (to 743) compared to TU's 75-point drop (to 684).
To hopefully remedy this situation, I moved part of a credit line from another AmEx card to the ED, boosting that credit limit and subsequently lowering my utilization on that card from 60% to 30%. Should this help? It's literally the only thing I can see that would cause this drastic drop. I've had a couple inquiries, and I closed a couple of cards (my own request, credit lines transferred to existing cards before closure). I'm only using 6% of my total credit, 100% on-time payments, nothing else negative going on.
Thoughts? Does this seem like a normal drop given my situation?
