Www credit report free Montgomery

Had I not canceled my credit cards, maybe www credit report free Montgomery my score would be 750+ or 760+! Theres no way to know for sure, but canceling my credit cards may have caused my score to stagnate.

Another possibility is that FICOs algorithm may still need more time before it www credit report free Montgomery begins to punish my negative behavior. I find this theory less likely, as its been well over a year. Over time, maybe the score will slip more dramatically. On that note, if we keep up our current pace, well eventually cease to have a credit score at all! It can be argued whether this is good or bad, however youll be hard pressed to convince me that executing our current plan for another 5 years will put us in a bad position financially. request free credit report by mail So what does this all mean for you? Its important www credit report free Montgomery not to draw any sweeping conclusions from a single example. I fully expected my credit score to drop more than a mere 5-10 points, based on the information Ive been reading for the past www credit report free Montgomery two years. It would be irresponsible to assume canceling your own credit cards would yield a decrease or an increase in your score based www credit report free Montgomery on my results. credit check 3 At the same time, my sample case study has caused me to reevaluate just how much we know about the algorithm used www credit report free Montgomery for calculating your credit score. All we have are graphs and lists of potentials factors that may be taken into consideration.

The only universal www credit report free Montgomery lesson that can be extracted from this is to ensure that an estimated change in your credit score isnt the primary influence on your major financial decisions. Of course, you should have any and all information you can. Im not suggesting we should all ignore the information that is available about the make-up of credit scores. credit report and credit score