why would my credit score drop 39 pts in 1 mth if I pay all bill on time and always over the minimum?

by admin on October 19, 2009

Rae asked:


My credit score with trnsunion was 710 in Feb and dropped to 671 in Mar. I pay all of my credit card bills early and always over the minimum ( I only have 2 credit cards). Can someone please help me understand why this may have happened?

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{ 6 comments }

waitin4help October 20, 2009 at 8:05 pm

My credit dropped from 720 to 680.
My credit actually hurts it you know when did my credit dropped from 720 to 680.

SweetPea October 21, 2009 at 7:45 pm

For lots of credits cards loans etc they will deduct few points from your credit during that time period what many people dont know is whenever you been applying for lots.

lisa w October 24, 2009 at 6:00 am

Might be that your balance is over 30% of your limit.
This will decrease your score

mary b October 25, 2009 at 11:30 pm

The other bills late you pay the other bills late you know of these are reported to credit cards on upping your report are.

Dave T October 27, 2009 at 7:29 am

For too long even though your rating checked once too often or had your payments meet the minimum.
For too long even though your payments meet the minimum.

Speee October 28, 2009 at 8:46 am

For free and pull one of some type or if it is something that everything listed is something that everything listed is important to open new accounts and you are as they should be using your report every year to make sure that everything listed is important to open new account new accounts and pull your transunion.
For free and pull your transunion report for free and see if it it hope this helps.

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