There are several reasons for a credit score drop. It can be that you miss a utility payment. Or, it can be that there has been an increase in your credit card utilization. Or, you might be a victim of identity theft. Indeed, your credit score does fluctuate from time to time. But a big drop can cause a concern.
Losing points from your credit score can be hard to swallow. Earning those 30, 40 points back can be tough. Here are some reasons why your credit score dropped and some tips on how to raise your credit score.
