@Lisie_52 wrote:
my credit score decreased 43 points and the only thing that changed was that I paid more than the minimum on my credit card. The utilization went from 8% to 3% on a 20k credit limit. Why such a large drop, or that I have a decrease at all?
You went from owing $1600 to $600, i.e. 8% to 3% of 20k. Maybe their formula likes you to have a modest amount of utilization, not nearly maxed out but not nearly empty. That's just a guess. It makes no difference.. What matters is not carrying a balance and building wealth.
