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New Member
posted Aug 24, 2020 2:29:35 PM

Why doesn’t my credit score go up any significant? It goes up 2 points or down 1-2 points every month!!

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1 Best answer
Level 15
Aug 25, 2020 7:29:12 AM

That is normal.  Changes in revolving credit balances can cause credit scores to fluctuate. Credit card balances, for example, can change from month-to-month as you use your card, whether you're paying off your balances in full or not. As your balances go up, your credit utilization goes up. ... Hence, your credit utilization also changes.

 

 

1 Replies
Level 15
Aug 25, 2020 7:29:12 AM

That is normal.  Changes in revolving credit balances can cause credit scores to fluctuate. Credit card balances, for example, can change from month-to-month as you use your card, whether you're paying off your balances in full or not. As your balances go up, your credit utilization goes up. ... Hence, your credit utilization also changes.