Share post
Debt Consolidation Forums Credit Repair, Credit Score and Credit Report forums

Why did my credit score drop even after paying down the balance?

member profile picture
Posts: 1
Credits: 0

I have paid off balance on my 2 credit cards after a lot of hardwork. Still my credit score dropped. Why did it happen?

Have you kept zero balance on your credit cards? This can be a reason behind a drop in your credit score.

Sub: #1 posted on Thu, 03/08/2018 - 02:44

(Posts: 3937 | Credits: )

Start using your credit card responsibly. That is, swipe your card and repay the entire amount at every billing cycle. With time, your credit score will improve.

Sub: #2 posted on Fri, 03/09/2018 - 05:48

Good Nelly Good Nelly
Industry Expert
(Posts: 2825 | Credits: )

pay the credit card bill in full and within time. Don't miss a single payment. Pay all the bills on time.

Sub: #3 posted on Mon, 03/12/2018 - 06:17

Sanders Patricia Sanders Patricia

(Posts: 1234 | Credits: )

Have you applied for new credit cards recently? Or did you close few old credit cards?

Sub: #4 posted on Tue, 03/13/2018 - 01:51

tiarajoseph11 tiarajoseph11

(Posts: 467 | Credits: )

Page loaded in 0.164 seconds.