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Question By
Andy5240

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Credit scores dipped WTF?
In one month scores dipped (Vantage 897 to 893, Auto Insurance 912 to 886, Home Insurance 850 to 839. Credit score remained the same at 718. Auto loan balance decreased, Credit card utilization les than 1% (141.00 balance combined credit limits $32,400) No new credit inquiries. Perfect payment history past six years. Can anyone explain why?

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don't sweat it the only score you need to be concerned with is your credit score the other 3 are meaningless they are used so rarely its not even funny as for your limit you need to use atleast 1% across all cards anything less registers as 0% and hurts your score worse then having 35% utilization

Reply by
Andy5240

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Are the auto and home insurance scores used by insurance companies to quote rates? If so will the dip result in higher rates perhaps?

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Reply by
Sumflow

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>you need to use at least 1% across all cards anything less registers as 0% and hurts your score worse then having 35% utilization<

Do you have any confirmation on this absurdity?

If you are activily using the cards, zero balance due each month is best.

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