It's very natural to fluctuate the credit scores. Your credit reports amend details as reported to credit bureaus. Bnaks and Lending companies report any case, including the late payment of credit cards or EMI, to the Credit Bureaus, and the Credit Bureaus update it every month .
During the transaction of time, credit scores can also shift. You will find that the three digit numbers will change if the credit scores are tracked over time, even if the credit score is produced by the same Credit Bureau .
Although you understand now that credit scores are totally natural to fluctuate, you can wonder, "What are they like?”
Your credit score is a snapshot of your credit behaviours and of your credit report information that is frequently updated. Based on your credit reports records, credit scores are determined. This information is updated by lenders, collection companies These data could include balance adjustments, opening of new accounts, payments to existing accounts, or closed accounts that fall off after the expiry of a term.
