Credit Drop

[Kalista]

My credit just dropped by 6 points out of nowhere. I have not missed any payments. I have not had any inquiries. I have no derogatory marks. I've lowered my card balance and the only change I'm able to see is a + for paying it down further. So I don't understand how or why it would drop down and can't seem to get any answers. What can I do to fix it?

[Anonymous_ · Accepted solution]

You can get your credit reports free from the site below which you should check for inaccuracies and any indicia of fraudulent activity.

https://www.annualcreditreport.com/index.action

You might also try checking your credit score with Turbo --> https://turbo.intuit.com/

Regardless, six points is background noise and, ordinarily, is nothing with which to be concerned.

[Opus 17]

6 points is pretty trivial.  I pay off all my credit cards in full each month but I use them for everything I buy, so depending on when the score is calculated, I might have a $3000 balance or no balance, and that will affect my score, even though the cards are always paid on time and in full.  Remember that your credit score is just a crude method to estimate your ability to pay back the next loan you apply for; if you don't need to apply for a loan, it doesn't really matter what your score is.