I just re-financed my mortgage. My old mortgage holder has updated my report and my old one hasn't, so it looks like my total debt has decreased my more than $100K. Because I no longer have a real estate loan my FICO went from 796 to 782! This is stupid!
Scores don't have a thing to do with credit? They're simply a shell game money milker. Click the compound interest link.
When you scores are in the upper 700's any little thing will make a big shift in the number. You're only going to drive yourself crazy if you worry about it. For all practical purposes, there is no difference between 796 and 782.
