Summary
A reader asked why her credit score keeps dropping despite no noticeable financial changes and a spotless payment record. Credit expert Lisa Gill explained that credit scores reflect more than on-time payments. Factors such as credit utilization, account balances reported before payments post, changes in available credit, and how lenders interpret credit activity can all influence scores. Even paying credit card bills in full every month may affect certain scoring models if they see little ongoing credit activity. The advice is to monitor credit reports regularly, understand what drives fluctuations in your credit score, and focus on long-term, responsible credit management rather than short-term changes.
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