Hi hello

Forum|Forum|6 years ago
March 28, 2020
2 replies
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I had a credit score of 600 and one day I checked it again and my score dropped down 55 points and I don’t understand why I have been doing everything right and paying my bills on time can you help me understand?

Best answer by Anonymous_

Also, check your credit reports (free from the site below) for inaccuracies and indicia of fraudulent activity.

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

Anonymous_Answer

Employee

Also, check your credit reports (free from the site below) for inaccuracies and indicia of fraudulent activity.

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

Henry38

This can happen if you have applied for a loan or a credit card— my score dropped 20 points after I agreed to co-sign for a loan. This a normal ‘HIT’ on your credit score when a credit check is done.

DCL63

Do you have a PayPal account with a balance? If so, that could account for the drop. PayPal never reported to the credit bureaus until last month. Most people with outstanding balances saw all their credit scores drop.