Why does my credit score fluctuate/change?
There are many reasons why a credit score may change. Your current credit score takes into consideration the information that is in your credit file from a particular consumer reporting agency (CRA) at the time it is generated. So, as the information in your credit file at that CRA changes, your VantageScore® credit score can also change.
Review your credit score's key score factors, which explain which factors from your credit report or recent credit history most affected the credit score. Comparing key score factors from two different time periods can help identify causes for a change in a credit score. Keep in mind that certain events such as late payments or bankruptcy can lower your credit score quickly.
Credit Score FAQ
- What is a credit score?
- What is VantageScore®?
- How do I check my credit report?
- Why is my credit score at Visions different from other scores I've seen?
- Why is my credit score not available in digital banking?
- Will receiving my credit score in digital banking or at a Visions branch impact my credit?
- How is my credit score calculated?
- What is a FICO® Score?
