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
josevellukunnel

0 Contributions
0 People Helped
My FICO score dipped by 60 points with no negatives
My FICO score dipped by 60 points with no negatives on the Experian and TransUnion reports. The dip happened in a months duration. There were no unusual activity or any credit inquiries in during this period. The only inquiry I could think of is while applying a credit card which was couple of months before the dip happened.

How can I find the reason for this dip.

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
988 Contributions
550 People Helped

Inquiries are a relatively small factor so they're the not the place to look for a cause for such a change.  You need to look at bigger items.  You say there's not negative information but verify that there are no derogatory records or late payments added to your payment history.  Check your revolving utilization and see how that changed since you received the last score.  To determine the cause of any scoring change you have to carefully review reports from before and after the score change to see what data changed to cause the score change.

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.