cancel
Showing results for 
Search instead for 
Did you mean: 

What's with these 30 point swings?

Auto Loans for ANY Credit Situation. Immediate Response.
Advertiser disclosure
Highlighted
Established Contributor

What's with these 30 point swings?

I am baffled. My TU FICO8 as reported on this web site seems to be swinging +/- up to 30 points on a daily basis. There are no changes to my TU file being reported, just showing the +/- up to 30 points. Last week it was +28 on Tues, -23 on Weds, +24 on Thursday and -31 on Friday. I don't mind 2 or 3 points, but 30 at a time? MY score remains in the 756 to 766 range except for the swings downward, which brings it to the 735-740 range.

4/1/2017 EQ 579 TU 595 EX588
9/20/2018 EQ 810 TU 807 EX 795
6/12/19 EQ 820 TU /789 EX 793
12/13/2019 EQ 835 TU 813 EX 810
4 REPLIES 4
Highlighted
Frequent Contributor

Re: What's with these 30 point swings?

My EQ dropped 34 points last week with no reported changes to my file. Who knows...

Message 2 of 5
Highlighted
Frequent Contributor

Re: What's with these 30 point swings?

Who knows???? I thought the whole point of this was stability and reliability. Why would I want to rely on this for lending if it is jumping around without reason?

Current Score: FICO EQ670-TU680-EX700
Wallet: Cap One Rew. $3500, Cap One QS $2500, Barclay $2650, Old Navy Visa $3000, QS-2 $2500, Credit One $2500, BoA $7000, Chase Freedom $3000, Slate $3000, Wal-Mart Discover $3000-STORE CARDS: Amazon $3500, Lowes $2000, Kay's $7600
Message 3 of 5
Highlighted
Super Contributor

Re: What's with these 30 point swings?


@KeithW wrote:

Who knows???? I thought the whole point of this was stability and reliability. Why would I want to rely on this for lending if it is jumping around without reason?


There is a reason, we just dont know what the reason is atm.

 

One thing you can do is call the CRAs and let them know about your fluxuations occuring without any observable trigger.  Depenging on the rep you get, you might figure it out.

 

There is always a reason, even if its a computer glitch, there is always a reason.

 

Also try posting more details of your files here so the gurus who haunt these halls can help you better. Alot of times, its just accounts aging or dropping off reports that make it hard to identify. Balance changes can also be a FICO trigger.  Look there also




3/2016 EX 644 CK-TU 642 CK-EQ 660 WalMart- 671.
>01/2020 CCT EX 832 TU 848 EQ 842
It's just a jump to the left
And then a step to the right
Put your hands on your hips
You bring your knees in tight
But it's the pelvic thrust that really drives you insane
Let's do the Time Warp again!
Let's do the Time Warp again!

Message 4 of 5
Highlighted
Super Contributor

Re: What's with these 30 point swings?

Just because there are no changes to your credit report being reported (alerts?) doesn't mean that things aren't changing.  If scores are changing, it means profile data is changing, as scores are generated only based on profile data.

Message 5 of 5
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.