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

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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

SC SC
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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
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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

sanderspatricia29 sanderspatricia29

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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: )

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