I recently opened a credit builder loan. It took the credit bureaus a month to list the account(GRRR, but the credit bureaus don’t hesitate to drop your score in a heartbeat). My score initially went up 6 points. Then it dropped 2 points. There were no new hard inquiries, no new bad accounts(debt) or anything else I can think of. I’m wondering why it dropped?
I think I may have found why it dropped, avg. credit age dropped!