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re: As crazy as Dave Ramsey can be about credit cards and FICO scores ...

Posted on 6/18/18 at 12:48 pm to
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 6/18/18 at 12:48 pm to
quote:

Same thing happened to me. I have a mortgage payment though. Never been late on any payment during my entire 22+ year credit history. I have a credit card I use for purchases, but pay it off in full every month. My credit score went from 831 one month down to 805. I really don't understand why? It really doesn't make any damn sense to me.



There is nothing credit wise you can benefit from at 831 vs 805. It's a non issue.
Posted by Hammond Tiger Fan
Hammond
Member since Oct 2007
16419 posts
Posted on 6/18/18 at 1:31 pm to
quote:

There is nothing credit wise you can benefit from at 831 vs 805. It's a non issue


I understand that, but it makes absolutely no logical sense for it drop that far when someone shows they have a history and the ability to manage their money properly.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 6/19/18 at 5:26 pm to
that's only 3% drop.
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 6/20/18 at 12:57 am to
quote:

I understand that, but it makes absolutely no logical sense for it drop that far when someone shows they have a history and the ability to manage their money properly.




The real question here is why do you care?
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