My credit score dropped 16 points for no reason. I have 100% on time payments. Just wondering why?
You'll need to sign in or create an account to connect with an expert.
Credit scores can drop due to a variety of reasons, including late or missed payments, changes to your credit utilization rate, a change in your credit mix, closing older accounts (which may shorten your length of credit history overall), or applying for new credit accounts. And don’t forget that credit report inaccuracies due to mistakes or identity theft can also cause a dip.
Credit scores can drop due to a variety of reasons, including late or missed payments, changes to your credit utilization rate, a change in your credit mix, closing older accounts (which may shorten your length of credit history overall), or applying for new credit accounts. And don’t forget that credit report inaccuracies due to mistakes or identity theft can also cause a dip.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
OF77
New Member
Dawnbarajas
Level 1
Tamara603
New Member
ji1997
New Member
seanreynolds2007
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.