Hey guys,
Is a 18 points drop in credit score normal?
I applied for a credit card 3 months ago and it was approved. I have made all my payments on time and in full. Yet this month, while my CIBIL score jumped to 771 from 755, both experian and equifax dropped by 18 points.
What could be the reason for this?
As much as I can see, there isn't any unauthorized activity in my report.
Is a 18 points drop in credit score normal?
I applied for a credit card 3 months ago and it was approved. I have made all my payments on time and in full. Yet this month, while my CIBIL score jumped to 771 from 755, both experian and equifax dropped by 18 points.
What could be the reason for this?
As much as I can see, there isn't any unauthorized activity in my report.