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 Scores
Profile Image

Question By

0 Contributions
0 People Helped
Why did my score drop so drastically?
Finally bouncing back after layoffs and being mostly unemployed for nearly a year... Our credit suffered. Working diligently on rebuilding. Just opened a small credit card, unsecured - only a $300 limit. My equifax score dropped 75 points about a week after getting the card. That seems very drastic to me. I've already paid off the $75 fee on the card - will that score bounce back up as fast as it dropped? Been working hard to improve scores/credit - hate to see such a huge drop after all the work. The initial hard inquiry only dinged me 2 points.

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.