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my score dropped 1 point

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Anonymous
Not applicable

my score dropped 1 point

I paid my car payment of $350.00 reducing the balance owed by $136.00 but it dropped my TransUnion 1 point. Why would my cs drop a point for making a payment? It was made on time and my actual payment due was only $312.00. I have it set up on auto-pay for $350.00 each month.

Message 1 of 4
3 REPLIES 3
gorgon
Established Contributor

Re: my score dropped 1 point

Making the payment on your car loan did not lower your score. Had to be something else...

Message 2 of 4
OmarGB9
Community Leader
Super Contributor

Re: my score dropped 1 point

Yes, score updates aren't always directly correlated to a specific event. Also sometimes there's a combination of events (ex, accounts aging, balances increasing/decreasing, crossing utilization thresholds, etc.) that happen together and trigger a score update.

Last App: 1/10/2023
Penfed Gold Visa Card

Currently rebuilding as of 04/11/2019.

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Message 3 of 4
randomguy1
Valued Contributor

Re: my score dropped 1 point

Where are you getting your score from?

Message 4 of 4
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