Posted on
October 27, 2009
at
2:29 am
My credit score dropped for no reason! I don't exactly know how that happened but that's so crazy! I mean I have been making all my payments on time, so I don't see any reason why it should go down
Posted on
October 27, 2009
at
2:33 am
Hi, Mark! If you're saying that your credit score dropped for no reason, have you actually reviewed through your credit report? For the most part, what's inside a credit score consists of the information on your credit file. You may have incorrect and inaccurate information listed on your report which is why your credit score dropped.
Posted on
October 27, 2009
at
3:02 am
In other words, you may be a victim of credit card identity theft, if you say that your credit score dropped for no reason.Other than that, the credit score computation method is still very much vulnerable to errors. Since the credit bureaus handle so much information--read: in the billions--mistakes on your credit file are inevitable.
Posted on
February 5, 2010
at
6:26 am
Re: My credit score dropped for no reasonThere's always a reason. The previous posts might be correct. You might want to availof that credit monitoring service from the 3 credit reporting bureaus.
Posted on
February 5, 2010
at
6:28 am
I agree, you can read about it in their websites http://www.equifax.com/home/en_us, http://www.equifax.com/home/en_us, http://www.transunion.com/corporate/personal/personal.page
Posted on
February 6, 2010
at
12:58 pm
The best way to determine this is to look at your credit report. I do this annually to see where I am at. This gives me a good picture of my progress to be debt free.
