Why do bad things happen to my credit score when I do good?

[Anonymous]

Hi There,

I am new to the forum so I am hoping this is right place to ask these questions.

Recently I completed a car lease and making that last payment increased my CS, that was on 11/22 (goes up 22 points).  Today it dropped 17 points, sited the same lease company and it said... Auto Lease Closed Or Paid Account / Zero Balance Auto.  Shouldn't paying that lease in full raise my CS?

Here is another one that lowed my CS by 29 points and it says... 5.25% On 30 Year Mortgage.  I own a home in California, and the payments are made on time and in full every month.  So why does this bring my score down by 29 points?  And 2 months prior a similar hit that lowered it 28 points and it said... You have no recent activity from a non-mortgage installment loan.

Does anyone have any insight?

Thanks in advance for any educational information.

[Anonymous]

This question pops up every time someone pays off a car loan.   It's a temporary drop - a change in your credit mix.  Of course it is good to pay off a loan - and that positive history will be there for a LONG time - but it is a closed loan now.