Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Scores
Profile Image

Question By
fluffypepper

1 Contribution
0 People Helped
Credit score drop
I've been monitoring my credit report and for the current month I've paid down over $3000 in credit cards and I had an increase to my student loan of $135 from interest. There have been no other changes to my credit with the exception of a mortgage I applied for but that appeared on my report a month earlier with no significant change since I paid down $4000 in credit at that time.. Credit Karma is showing my score decreased with TransUnion by 31 points and Equifax decreased by 19 points. Why the drastic drop if I've actually had my balances decrease significantly?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
39 Contributions
24 People Helped

check with bureau

Go straight to the actual credit bureaus and check your scores with them, they will be different than what CK shows. Similar thing happened to me and they were higher with the bureau.

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.