On June 2nd, I was sitting at 721 (TU) and on the 3rd, I got hit with a 29-point drop (now 692), seemingly due to the opening of my Yard Card and it appearing as a nearly maxed-out credit card. Okay, I get that one. Not huge. I pay of my monthly spend card which shows a $3,300+ decrease in balance, and also pay off a few other side cards totaling about another $1,100. Score bumps up 10 points on June 6th. Things are looking up already....and then today....29-point drop again (now 673). And the only change? One of my student loan balances DECREASED by $82.00!!! What the heck?!?!?!
Anyone have any idea how or why this would happen with no apparent trigger? I don't get it and I don't know that I have any recourse to get it fixed, either. Grrrr.......
@ReturnOfTheCredi wrote:On June 2nd, I was sitting at 721 (TU) and on the 3rd, I got hit with a 29-point drop (now 692), seemingly due to the opening of my Yard Card and it appearing as a nearly maxed-out credit card. Okay, I get that one. Not huge. I pay of my monthly spend card which shows a $3,300+ decrease in balance, and also pay off a few other side cards totaling about another $1,100. Score bumps up 10 points on June 6th. Things are looking up already....and then today....29-point drop again (now 673). And the only change? One of my student loan balances DECREASED by $82.00!!! What the heck?!?!?!
Anyone have any idea how or why this would happen with no apparent trigger? I don't get it and I don't know that I have any recourse to get it fixed, either. Grrrr.......
Where are you getting your scores from?
This is what's showing for TransUnion on Credit Karma. The others haven't followed, yet. Experian, checked directly with them, is 764.
@ReturnOfTheCredi wrote:This is what's showing for TransUnion on Credit Karma. The others haven't followed, yet. Experian, checked directly with them, is 764.
Credit Karma's scores are not FICO scores, they're Vantage 3.0.
@SouthJamaica wrote:
@ReturnOfTheCredi wrote:This is what's showing for TransUnion on Credit Karma. The others haven't followed, yet. Experian, checked directly with them, is 764.
Credit Karma's scores are not FICO scores, they're Vantage 3.0.
I get that, but I have a feeling the FICO score is probably suffering similarly and I have no idea what could have triggered it.
@ReturnOfTheCredi wrote:
@SouthJamaica wrote:
@ReturnOfTheCredi wrote:This is what's showing for TransUnion on Credit Karma. The others haven't followed, yet. Experian, checked directly with them, is 764.
Credit Karma's scores are not FICO scores, they're Vantage 3.0.
I get that, but I have a feeling the FICO score is probably suffering similarly and I have no idea what could have triggered it.
If you're subscribed to experian.com monitoring services, you can (a) see what day your FICO 8 score changed, and (b) compare the report from the day of the change with the report from the day before. And then you'll know for sure.
@SouthJamaica wrote:
@ReturnOfTheCredi wrote:
@SouthJamaica wrote:
@ReturnOfTheCredi wrote:This is what's showing for TransUnion on Credit Karma. The others haven't followed, yet. Experian, checked directly with them, is 764.
Credit Karma's scores are not FICO scores, they're Vantage 3.0.
I get that, but I have a feeling the FICO score is probably suffering similarly and I have no idea what could have triggered it.If you're subscribed to experian.com monitoring services, you can (a) see what day your FICO 8 score changed, and (b) compare the report from the day of the change with the report from the day before. And then you'll know for sure.
Yes, I have Experian and that's the one that hasn't been hit like this. It's at 764 and has only gone up a couple points since my last check. They also show the Yard Card with the high balance and it hasn't really dinged me.
@ReturnOfTheCredi wrote:
@SouthJamaica wrote:
@ReturnOfTheCredi wrote:
@SouthJamaica wrote:
@ReturnOfTheCredi wrote:This is what's showing for TransUnion on Credit Karma. The others haven't followed, yet. Experian, checked directly with them, is 764.
Credit Karma's scores are not FICO scores, they're Vantage 3.0.
I get that, but I have a feeling the FICO score is probably suffering similarly and I have no idea what could have triggered it.If you're subscribed to experian.com monitoring services, you can (a) see what day your FICO 8 score changed, and (b) compare the report from the day of the change with the report from the day before. And then you'll know for sure.
Yes, I have Experian and that's the one that hasn't been hit like this. It's at 764 and has only gone up a couple points since my last check. They also show the Yard Card with the high balance and it hasn't really dinged me.
Then I think this has all been a tempest in a teapot. The experian.com information is reliable information. The other things you are looking at are meaningless.
BTW I looked up the Yard card online, never having heard of it before. The online reviews are terrible. I've never seen anything with such uniformly negative reviews.
https://www.creditkarma.com/reviews/credit-card/single/id/yard-card
https://mythreecents.com/reviews/yard-card
Sounds like a card to avoid.