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 Q&A: Sudden spike in credit utilization can cause major score drop- Q&A: Sudden spike in credit utilization can cause major score drop
- September 29, 2017
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A sudden increase in your credit utilization can cause your score to drop up to 100 points. The good news is that your score can recover quickly if your utilization goes back to where it was before, and late payments are not the issue.
- View more at: http://www.creditcards.com/credit-card-news/sudden-increase-in-credit-utilization-100-point-score-drop.php?aid=2741cce8&rss_lnk=25
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