Why did my myfico score drop 16 points with decreased utilization?

[kaw943]

paid off a credit card that has a 5300 limit the payoff was just 935.00, yet my score dropped 16 points sent to me by myfico. It doesn't make any sense since when does decrease utilization cause a score to drop by that much.  This logic is not making sense to me can someone help?  Thanks in advance.

[Anonymous]

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@kaw943 wrote:

paid off a credit card that has a 5300 limit the payoff was just 935.00, yet my score dropped 16 points sent to me by myfico. It doesn't make any sense since when does decrease utilization cause a score to drop by that much.  This logic is not making sense to me can someone help?  Thanks in advance.

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Did that result in all revolving credit accounts reporting a zero balance?  If so there is your points loss.

[kaw943]

No, just that one card so my score was 720, then today it shows 16 point drop with the payoff of that card.  I still carry about 9% utilization across my total bankcard accounts. 

[Anonymous]

Sounds like something else is going on there.  Paying off 1 card if you have others with balances reported would not result in a score decrease.  The others with balances aren't AU accounts by chance are they?