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Credit score dropped 45 points for no reason!


pasei
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The last post in this topic was posted 3957 days ago. 

 

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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 by pasei
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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 by DPDIY
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The last post in this topic was posted 3957 days ago. 

 

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