Credit Advice

I have the same question as anniebaby. My score of 735 is listed merely as "good" on your Report Card. Isn't that better than good?

Another question: TransUnion just dropped my score abruptly from 759 to 735 based solely on 1 hard inquiry to my credit report. Since that hard inquiry resulted in my getting a new credit line and dropping my utilization from 59% to below 40%, shouldn't that have resulted in an _improvement_ in my score? Or at least not such a drastic drop? Thank you.

unless they drop your score by lowering your avilable credit line to keep you paying high interest rates.
They love doing that and the feds don't care.
we need to vote people in who care about the little person.

600-849 IS GOOD AT EXPERIAN

wow! why so much descrepency?

I see the same issue for the credit scores. Seems like trans union is the lowest on mine also. I know you should only be using 20% of your total credit. That makes a differerence. Also I know that the more you apply for credit makes scores go down at least 7 pts if not more. It surely is a stupid game, got to have credit if you don't have the cash to buy big ticket items and than paying off all credit cards and never using them causes credit score to plummet!So it's basically a game , pay cash have no good credit score, pay credit and pay on time and keep it to no more than 20% and scores goes up! It's Our choice.

The same occured with my Experian credit report. my score decreased by about 150 points within two days. I have three thousand dollars in revolving credit. I made one large purchase on one account which nearly maxed it out, but left me with a combined credit usage of about 32%.

Now by per centage of combined credit usage should be 27% (they update the increase much faster than they do the decrease) and my per cent of credit usage is now 80% on the one card, 0% on the other although because they aren't in a hurry to update the decreased in balances, by combined cerdit usare is reported as 29% and 86% on the other.

And let me empaszie that I had the one card maxed once before and paid the entire balance a month or two later. It had a 0% balance for about 3 months and it was never reflected on my credit reports. I have noticed that creditors don't tend to report when the balance is 0%.

My account with a $2000 limit has a 0% balance and it hasn't reflected it eirther.

I contested the the remaining balance on two installoments loans. One should have reported zero and the other should have had a substantial decrease. Instead of updating the correct balances. The two accounts were deleted from all three credit reports. Since they were accounts in very good standing, I aske the creditors to report the paid accounts to the bureaus. Nearly four months have gon by and they still haven't been reported.

So, now my score has gone down because I have two less accounts isntallments accounts. One with a zero balance and one with a reduced balance. And my score took another hit because I no longer a have a mix of open trade lines.

And one of my mortage accounts which was paid in full  was also deleted. I have no clue why that occurred.

And then I had a revolving account that was paid in full, no late payments, a zero balance, but it reported a requred montyhly payment of $20 which was utilizied in my credit score analysis. I contested that there should be no requred payment due on an account with a zero balance.

Now that account is showing a $212 balance and its being reported as a chrage-off. I teleponed the company, spoke to a representatvie and she said that it was not reported as a charge-off and she doesn't know where the credit bureaus obtained that information. She said that she could write me a letter to submit to the credit bureaus and I should also have the credit bureaus check back with her. She will not respond to them and it should be deleted.

What is going on here? Because of no errors of my own, peferfectly good accounts are being deleted from the my credit reports, the information isn't being reproted accurately nor timely to the credit bureas, and my credit score has taken a dive. Who is responsible for this? Who takes accountablity for this? And I really think that these errors will never be corrected.