8 Reasons Your Credit Score Dropped and What to Do

Did your credit scores drop for no apparent reason? Use these wise tips to boost your scores quickly so an unexpected credit score dip doesn’t hurt your finances.

Here are 8 Reasons Your Credit Score Dropped Suddenly

  1. You’ve become the victim of identity theft.
  2. You have an error in your credit reports.
  3. You unintentionally missed a payment due date.
  4. Your credit utilization increased.
  5. You have no credit utilization.
  6. Your average age of credit decreased.
  7. Your credit mix has changed.
  8. You made a large purchase on credit.

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