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I paid off all my balances on my existing credit cards, my TU, EQX, score went up 12-15 point to 726 and 724 but my experience score dropped 7 points after an alert that my balance was paid down? Does anybody know why experian would drop my score? I have perfect credit and feel like am taking crazy pills after seeing the drop.
I could be rebuceting and alos having everything to zero is not better than carrying some balances.
From my understanding, having a $0 balance does negatively affect your scores. It is better to let one card report <10% utilization.
This is to either one whose score that wnet down after apy off their credit cards. On the credit report after the cards show as paid off chekc the scores reasons. Did they change in the order reported or is there a new reason showing ?