What Caused My Credit Score To Go Down?

Keep in mind, everyone’s credit report is unique to each individual. Some have excellent credit and others have very poor credit and everything in between. The situations below will lower your credit score in a range of points as shown next to each item, based on your credit situation.

Bankruptcy  –  120 to 220 points reduction

Foreclosure  – 150 to 160 point reduction

Short Sale  – 105 to 160 point reduction

Settle Credit Card Debt For Less Than Balance  –  65 to 125 point reduction

One 30 Day Late Payment  –  60 to 110 point reduction

Maxed Out Credit Card  –  10 to 45 point reduction

Do You Have Questions About Credit / Credit Issues? Call Us!

Bill Spragg at 281 804 3333, BSpragg@LcaNow.com or

Harry Bradley at 713 419 7151, HBradley@LcaNow.com

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