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Question By
ellealexson

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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.

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