WebCredit score dropped 50+ points after buying house. 6 months, keeps going lower In March 2024 I had a 780-790 credit score, when I bought a house. It dropped to 750 after buying the house, and is going from 720-750 depending on my credit utilization. Using Mint for my credit score. WebThe two most important factors in your credit scores are your payment history and your credit utilization ratio, or amount of available credit you're using. Therefore, it's crucial …
Common Reasons Why Your Credit Score Can Drop - Slickdeals …
WebCredit scores are drawn upon report data. If you look at your report when your score was 700 and then look at your report when it's 627, what changes are there from one to the other? Was the $30 left on the loan reported as a 30D late payment prior to you paying it off? CRusHinn__ • 2 days ago WebFeb 16, 2024 · 1. Late or Missing Payments. Payment history plays a more significant role in credit scores than any other factor, accounting for 35% of FICO credit scores. Late or … streets in west palm beach fl
Why Did My Credit Score Go Down? - Experian
WebOct 12, 2024 · If it is younger than your oldest card, it will have dropped your average age of accounts. With your oldest account being the same age as the oldest AU account, no real scoring benefit unless it is solely to reduce your utilization, otherwise IMO, I would remove myself from being an AU. WebApr 18, 2009 · I was about two months away from paying off a car note. Once I paid the note off, my score droped down to 648. I have two credit cards with balances of $270 on a $800 limit and $556 on a $1250 limit. I also have a $4500 loan with $2979 left on it. When I looked in True credit, my TU score is now 634. Each month, it's going DOWN! WHY? WebAug 10, 2024 · 6 Reasons Your Credit Score Went Down 1. Derogatory Remarks on Your Credit Reports. Since your credit score is calculated based on information in your credit... streets in virginia beach