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!


Posted in Credit Report
Profile Image

Question By

0 Contributions
0 People Helped
Why did my credit score drop 50 points!?
I check my credit score constantly and since the new year my credit score has dropped 50 points! I think it has something to do with my student loans...I am currently in deferment (finished grad school 4 months ago) and repayment begins in March. Regardless, I've been paying off debt since undergrad and recently paid off one loan (2 down, 2 to go!). The loan I just closed was more recent so it did not effect my length of credit history and I can't find anything else wrong (1% utilization, 100% payments, 1 hard inquiry ~5months ago). What happened?! I'm trying to buy a house in the next couple of months so this is terrible timing.

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.


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.