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East5

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How can I tell at a glance why my score drop 9 points in sevens days.

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Top Contributor
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Happens all the time.

The truth is that every time you use a credit card or make a payment, your score actually changes.  We don't see those changes because we only see whats reported at a certain point in time, i.e. the moment when your report was created.   In most cases thats only 1 time a month. 

My score dropped by 27 points today.  I did a balance transfer earlier this month.  The transfer shows on 1 card, but the other still isn't showing the payment so I have balances on both cards at the same time.  It will rectify itself once the original card shows that payment. 

It's better to focus on which bracket your score falls in rather than the actual number.  Thats how lenders look at it and how interest rates and terms are determined. 

Hope that helps 

Top Contributor
2207 Contributions
3949 People Helped

Did you use a credit card?

Did you make a payment?  The truth is that your scores change all the time. Every time you make a payment or use a credit card your score will change. we only see the scores that are pulled the moment that our scores are updated.  

Worry about which bracket your score is in rather than the exact number. Thats what determines your interest rates and terms etc. 

Good luck 

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