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Why did my credit score drop 10 points?

I have been pretty stable around 805 on both my TransUnion and Equifax credit scores since July of 2015. Just today, I got an alert that my score dropped 10 points this last month. This hasn't happened in a long, long time.

I took a look at my credit overview, and no changes have been reported, even regarding my credit card utilization (which has been stable around 4-5%). I have no credit inquiries, missed payments, derogatory remarks, have closed no accounts, etc. I can find no discernable reason why this might occur. No new information (i.e. errors) have been reported on my report per Credit Karma.

The only possible change is that my student loans have entered deferred status. My father owes me money and has agreed to pay off my student loans in lieu of paying me back. Payments have been stable and consistent since 2014, but apparently he put the loans in deferment status this past month without telling me. That said, everything I've read online has suggested that this shouldn't affect credit (no missed payments have been reported).

Aside from that last detail, no new information is apparent based on what I'm seeing from Credit Karma. Does anyone have any reason why my score should have taken such a big dip this past month? Thank you for your time and attention.

- Bob

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First I want to commend you on the thorough post, most people on here ask a five word sentence looking for advice and don't give nearly enough information to give any meaningful advice. A ten point fluctuation with Vantage scores is really nothing, they swing wildly for many people without any changes on their reports. I would not worry about this one bit. There have been many recent reports of people having scores drop 50-100 pts without any changes to their reports. You should only concern yourself with FICO scores, they do cost money, but most lenders use them.

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What "TryingToUnderstand" said, it's just a dip, nothing major, and nothing to be concerned about.  Honestly, 780 credit score, 795, 805, or 820. You can walk into a bank and get the best interest rate on any loan, with a 805 or 795.  Also oddly enough, sometimes zero balances, and extremely low balances can dip a score.  If you put another 5% on 1-3 cards, you may see a gradual increase.  Maybe, maybe not, but if you're not worried about the $, there's no harm in trying.  Each score and report is different, because everyone has different history and liabilities.  Sometimes you find what works best for maintaing a good score, and it seems like you've been doing a good job at that.

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