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
EKSOko

0 Contributions
0 People Helped
How is it permissible for TransUnion to drastically affect my credit score in a single week?
My credit score with TransUnion went up gradually to almost being equal with Experian, however, within a week they dropped it 16 points without citing a reason. Not even an inquiry. WTH?!? This angers me as I'm doing my best to improve my score to better my life. I don't need such arbitrary actions from the powers that be disenchanting me into hopelessness due to unfairness.

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
1005 Contributions
557 People Helped
Most Helpful Response

Helpful to 2 out of 2 people

The most likely cause of weekly/monthly score fluctuations is the utilizations. People might not notice the change or didn't pay attention to it because they usually pay their credit card bills in full every months, however, utilization is what balances they have on/around statement closing date, and that's the balance being reported to credit bureaus that calculating your utilizations, so one's utilization might be affected even though they paid in full.

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.