Why Did My Credit Score Drop After I Paid Off My Balance?

By Steven Shaw on 5/28/2013
Why Did My Credit Score Drop After I Paid Off My Balance? (via Credit.com)

We recently received the following question from a reader about why her credit score would drop after paying off a credit card balance: A month or so ago I got my credit score. It was 812. Today I received an email saying there was an update to my score so I logged in to see the change. My score is…

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