Sunday, November 25, 2018

My credit limit increased by $2,000 and then my score dropped 50-51 points. How is this possible?

The credit limit on one of my cards increased by $2,000 then my scored dropped 50 and 51 points (Transunion and Equifax respectively). I did not request the limit increase, and the only other thing that changed and posted was a small balance increase on the same card.

What made it drop so much?

submitted by /u/Rashturtle to r/personalfinance
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from reddit: the front page of the internet https://ift.tt/2zyLZlJ

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