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 Karma
Profile Image

Question By
Heatherlee61

0 Contributions
0 People Helped
My credit score dropped 31 points in a week
Every Thursday I pull my credit score. I dropped 31 points! I have 22% of my Credit Card utilization instead of 23% last week. All payments are on time. I have no negative reports on here. Only 3 new adds since last week and that was a reduction in my amount due of $1,253. I don't understand. How can they drop that much in a week with nothing negative on it? No applying for new credit, car, house, canceled credit cards- NADA.
WHAT IN THE WORLD????

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
22 Contributions
30 People Helped

What did you mean by 3 new adds?   Your utilization really needs to be below 9%.  Did anything drop off your reports such as a BK or maybe a old account?

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.