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hottexan

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Debt down, savings up, credit score down?
variables all the same except I paid off my car loan and have dramatically increased my savings and my scores dropped. I am in the same "category" but the numbers keep dropping. What's going on?

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Top Contributor
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If you closed a loan that was on your reports, then that would cause score decreases. Savings has absolutely nothing to do with credit. Your most obvious credit problem is that you have failed to read even the credit basics, that is your first step to improving your credit.

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