I paid my wife’s student loans and her credit dropped from 815 to 771. She was so worried lol it took 3 months to get back over 800 again. So it’s not a big deal. Debt free is the way to be, I agree!
@WaterYourSoil2 жыл бұрын
Nice. Yeah, debt free is a great thing.
@toekneelorenzo29422 жыл бұрын
How do u get to 800 i always pay before due date, but ill leave like 3 bucks so it reports to credit buresu
@donatelloslappafello1108 Жыл бұрын
My score dropped 40 points this morning from 740 to 700! i think because of age of credit, im older but newer to credit, i was always a cash dude, anyway just got 2 new credit cards that hit my report and blammo. its all good though! The good thing is it will come back stronger its like hitting the weights, you get beat up and sore feeling but it makes you stronger in the end. Thanks for the uplifting video
@WaterYourSoil Жыл бұрын
I appreciate it, Donatello. Thanks for watching.
@docsays2 жыл бұрын
Ya I paid off 2 car loans, bought a house, & opened 2 new credit cards. My score dropped about 25pts, but i aint worried because it’ll bounce back in a mth or 2
@WaterYourSoil2 жыл бұрын
Great way to look at it. Thanks for watching.
@nateman79 Жыл бұрын
Thank you… I made a huge early payment that took a HUGE chunk Out of my cc debt and it Dropped My score 15 points… The thought of knocking out that debt early made me feel like I was being responsible… fico seems to see credit score as how you manage a balance…. I always make payments that won’t result in interest and my credit score dropped because of it… i’m a person that is rebuilding a once perfect credit score and I’ve done well but I can’t help but feel slapped in the face for Lowering my overall credit card debt
@WaterYourSoil Жыл бұрын
Hang in there. Thanks for watching, Nate.
@heshmew41014 ай бұрын
You think that’s bad mine just dropped 62 points and I have no idea why
@WaterYourSoil4 ай бұрын
It's tough when it drops like that. Thanks for watching.
@mayclay2362 жыл бұрын
Thank you for making thing my score just dropped 30 point! Now I don’t feel bad about it
@WaterYourSoil2 жыл бұрын
Thanks for watching.
@robertjohnson341 Жыл бұрын
U just explain score drop because of paying something off….. what about it dropping for no reason at all??
@WaterYourSoil Жыл бұрын
Thoroughly look over your credit report. Sometimes it does drop unexpectedly. It happened to me multiple times. But the likelihood of it dropping because of something on your credit report is usually higher than it dropping for no reason. Thanks for watching, Robert.
@user-gm1ht6xl1s3 ай бұрын
I’m crying over here just paid a loan and dropped by 50 points man now I’m at 595😢
@WaterYourSoil3 ай бұрын
It happens. Thanks for watching.
@herbertdaugherty6364 ай бұрын
Just had this happen to me. I paid off two cards in full and am down to one card with a balance. My score dropped about 27 points.
@WaterYourSoil4 ай бұрын
Hang in there, Herbert. Thanks for watching.
@herbertdaugherty6364 ай бұрын
@@WaterYourSoil I’m late to the party but learning a lot. I’d rather have a score drop than to keep feeding the sharks.
@tashajenae Жыл бұрын
Just paid off my car and panicked but ok, I’ll wait for the bounce back
@WaterYourSoil Жыл бұрын
Yep. Give it some time. Thanks for watching, Tasha.
@EverythingBeauty360 Жыл бұрын
I had a collection and a inquiry removed from my report and no other changes were made and my credit score dropped. There were only positive changes to my credit report and there was no payments being made on an collection account it was just being reported as a collection so I don’t understand why my credit score dropped 8 points. I’m trying to rectify my credit and this is frustrating me, somebody help or explain this to me please.
@WaterYourSoil Жыл бұрын
Stay persistent. Hopefully your score goes back up soon. Thanks for watching.
@credittrickscredithacks2 жыл бұрын
short term drop only
@WaterYourSoil2 жыл бұрын
Yep. Exactly why I'm not worried.
@michaelmcclendon64672 жыл бұрын
How do I get into the ecosystem of American Express? Match on every card site but never a pre approval from their site.
@WaterYourSoil2 жыл бұрын
It all depends on numerous things. Your Credit Score, credit report, etc, I started with one of their no annual fee cards years ago, but its always case by case per individual.
@michaelmcclendon64672 жыл бұрын
@@WaterYourSoil Thanks for responding! Keep the content coming
@WaterYourSoil2 жыл бұрын
@@michaelmcclendon6467 Thanks
@TurkkMMA Жыл бұрын
My score dropped by 64 No late payment in the total history Credit utilisation is 19% no hard enquire from 3 months I just paid my credit cards almost in full I don’t know Why it has happened suddenly
@WaterYourSoil Жыл бұрын
That's unfortunate. Hopefully your credit report puts you in the right direction with finding the source of why. Thanks for watching.
@alefye Жыл бұрын
I’m going through the same thing man , except mine dropped 51 , gonna wait a few days & if anything gonna reach out to Experian
@davntelisha19 Жыл бұрын
Shit mines was 63 points don't no why but I was at 669 now I'm at 606 this is crazy don't no why
@WaterYourSoil Жыл бұрын
Check your credit report. It should let you know why. Thanks for watching, Dave.