Drop 69 points 😬
Experian Score Dropped by 65 points?
- 931
- 36
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- Last Comment
How it's possible?
No enquiry
Credit utilisation is 0% , all bills are paid before generated or within time limit.
Not applied for any new card.
Closed card but it was many months ago & it was showing closed for last 3 to 4 months.
How did it happen?
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seems the more they are close to 900 more points are dropping
Mine dropped about 33 points.
VU+ for the post
lets see how many has this impact to which extent
Same my score dropped from 805 to 744 now grrr 61 points vanished
Could anyone share a way to check Experian credit score?
Starting April 12 , Experian Has Rolled Out New And Advanced Version Of Credit Scoring System. You May Seeing A Change In Your Score As A Result.
Experian scores are joke i have 790 cibil but 720 Experian. In 3 month they drop 100 plus point with no reason
Same here. My Experian score has dropped 59 points
As mentioned in above comment, now we have to calculate and pay bill accordingly so that after statement generation it comes to 4 to 5 % of limit.
Experian has changed its calculation logic, thus everyone's points will be reduced by 50.
So, only 15 real points have been decreased in your case.
- Keep the card usage between 1-10% for best points.
- Do not close old cards, any changes in the cards are generally reflected after 3 months, so that might be your case.
Another point I noticed, I have two cards which I didn't use in the last 4 to 5 months.
That might also be a reason.
Kg++
Experian has changed its calculation logic, thus everyone's points will be reduced by 50.
So, only 15 real points have been decreased in your case.