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Question By
sarkamato

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credit score dropped due to change in account balance, why?
initially my student loan account balance increased by $400, and score dipped from 735 to 605 - However the $400 increase was a mistake and fixed promptly 15 days later. However, when it fixed, by credit score dipped again to 591, why?! this does not make any sense whatsoever

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Top Contributor
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"Post hoc ergo propter hoc"

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Thing changed after XYZ, doesn't means the change was caused by XYZ, your score dropped most likely (can't never use absolute term when comes to credit) isn't cause by the 400 dollars balance, certainly can't be 130 points drop. Something else on your credit profile that cause it.

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