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September 14, 2019
Question

Why did my credit score go down?

  • September 14, 2019
  • 2 replies
  • 0 views

My credit score went down 5 points, 

but when I look at the credit score break down it shows

I went up 1 points but there were 2 credit score inquires.

Was it the credit score inquiries if so please state that,

    2 replies

    Employee
    September 14, 2019

    Your credit score fluctuates and there are different scoring models; 5 points is really not a cause for concern.

     

    There is further information at the link below.

     

    https://www.thebalance.com/how-often-does-your-credit-score-change-960545

    September 14, 2019

    An inquiry is a notation on your credit report that someone has requested your credit file. Two types of inquiries may appear on a credit report — “hard” inquiries that can impact your credit score and “soft” inquiries that don’t

     

     

    different rating agencies compute your score on different dates.   so if you got your score from them on  the same date, even then the scores would vary