Credit score dropped 45 points for no reason!

[pasei]

Hey guys,

I started my credit history 10 months ago with a secured 99/500 Bank of America Cashrewards and the secured Capital One. So far, I've always PIF, and kept a low utilization (<20%). Last week, my BOA GRADUATED to an unsecured card, and they increased my CL from $500 to $1,000, so that's a very good news.

Today, my Credit Karma score DROPPED 45 POINTS!! With the following notifications:
- The limit on 1 of your credit cards has increased. (That's the BOA)
- Your previously unused CAP ONE account is now reporting a balance. (I forgot to USE my Capital one card for a month...)

Note that I have made no credit inquiries whatsoever.

I really don't understand, I've been working very hard on my credit and my score has increased consistently in the last 10 months.

What happened? Is it possible that NOT using a CC for a month lower your score? Did BOA do a weird HP when graduating my card? (Note that I didn't ask for anything, and that credit karma does not show a pull).

 

Please help, thanks!

Edited April 29, 2013 by pasei

[pjmaxwellian]

I wouldn't worry too much about a Credit Karma score. Personally, mine has been really wacky, up and down for no apparent reason, for the last 2 weeks.

[moosetracks]

The score you get from CK is irrelevant only one that matters is FICO. I would get a Walmart account just to get the free FICO every month based on your TU.

[DPDIY]

One day I logged into credit karma and it showed my husband's score had DROPPED by 590 points. NOT a typo. His score wasn't even showing because they said it was too low to report one. I was like WTF? I logged into a few other sites to check and they were all normal in the mid to high 600's range. There was no mention of anything bad reporting, etc on KC either. I just shook it off and decided that they were smoking something bad and left it at that. The next month it was reporting normal again. Go figure.

 

I guess you get what you pay for with these free sites. LOL

Edited April 29, 2013 by DPDIY

[cashnocredit]

Funny thing is that my EQ FICO actually dropped 50 points for no reason (otherwise known as rebucketing) when my FAKOs all stayed pretty constant as did TU's FICO.

 

But hey, it's what keeps us Sysipheans going.