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Posted in Credit Scores
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Question By
jkchd11

4 Contributions
1 Person Helped
Credit card balances
Had 1 empty credit card balance an used it for Christmas and I will pay it off in January but my weekly review lowered my credit score before my next payment is due which I will pay off balance on January 1st. Why don't they wait until a month has passed to see if I have paid it off before lowering my score? Credit Karma keeps saying I need to refinance my auto loan but, I don't have an auto loan.

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Top Contributor
11 Contributions
5 People Helped

Your credit card only reports at certain times, not always weekly. Don't sweat it. 

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