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
MUFFY3340

0 Contributions
0 People Helped
why does my credit score keep changing when i dont apply or use more credit why does my score drop
I HAVE NOT APPLIED OR MISSED ANY PAYMENTS ON ANY BILLS EVER WHY IS IT THEN MY SCORE ONLY GOES UP ONE POINT AT A TIME BUT WHEN IT GOES DOWN IT IS ALWAYS BY THIRTY POINTS OR MORE YOUR SCORING SYSTEM IS TOTALLY BOGUS AND NOT AT ALL SET UP TO HELP PEOPLE IMPROVE THERE CREDIT SCORE . PLEASE RESPONE BY E-MAIL

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
1884 Contributions
3675 People Helped

First of all..

This is a peer to peer message board, No ones going to reply by email.  

Facts: Your credit scores can fluctuate every day,  You can have over 30 different scores on the same day.  Every Bank has their own Algoritium that is used to create credit scores based on the info they want to know. FICO scores move up the slowest and fall the fastest. They also move less often.  Vantage 3.0 model scores are generally the lowest score you will get, because it is the most critical of your recent history.  The score a bank uses for a credit card, auto loan or mortgage will all be different, even if pulled the same day for the same person.  The primary purpose for the scores on this website is so you can visualize whats happening to your credit.

Why your score is fluctuating so much is probably because of large fluctuations in balances and ratios.  Specially if your credit history is relativly short (less than 7 years) As your credit history ages these fluctuations stablize and have less effect in the long run. 

Good luck 

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.