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scrubs11

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i paid my house off in jan why has my credit score not gone up?
I am also paying m c m to better my score I do not owe 122000 00 dollars since I paid my house off jan 23 rd

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Paying off mortgage

Paying off your mortgage actually has a negative effect on your credit score.  As strange as that may seem, the scoring models "like" a mortgage on your credit report.  I paid off my mortgage last year and took a 30-50 point dip to my credit score, but about a year later now, my score is higher than the  pre-mortgage payoff levels.  

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