Have you made any changes to your accounts or set up any new accounts? Have you added anyone to your accounts? If there was no activity on your end then it is probably just a normal review and upgrade, was the review an increase or a decrease?
Your credit score can be updated for several reasons including:
1. Late payments being reported on some of your accounts.
2. Number of inquiries for new lines of credit.
3. Changes in your credit utilization ratio.
The best way to find out is to order a credit report. Most credit bureaus update their files every 90 days. According to the Fair Credit Reporting Act, all trade lines can be reported on each of the credit bureaus. However, the reporting agencies must update and keep accurate data in their credit files. If there is erroneous information, you must notify them or the errors to be removed.
There are three major credit bureaus that offer credit reports are-
3) Trans Union
If there is something that you want added or removed, you should contact them directly. To get a hold of your credit report, contact one of these three bureaus. Each bureau interprets your credit information differently, so you might want to get a report from all three.
Your personal details (name, email address and phone number) will be delivered to the company advertised on the Creditmagic after ve agreed to go for the counseling session by filling out the no-obligation form. However, it is your discretion to accept or reject their services.
Not all the creditors/debt collectors agree to trim down the outstanding balances, interests, and fees payable by the consumer.
Consumers working with the debt relief companies can still be sued by the creditors/collection agencies.
Debt relief services may have a diminishing effect on the creditworthiness of the consumer. The total outstanding balance may increase as the additional fees get accrued.
The overall amount saved by the consumer through the debt relief services is considered as taxable income by the IRS.