I checked Credit Karma and saw my score drop 50 points from last time. It says one of the changes from last month to this month was my mortgage balance increased by 7,358 from 89K to 96K. I checked the statement I got in the mail the other day, and the balance is still 89K. The only thing I can think is the 7,500 "recoverable corporate advance" is now included in the balance, but it never was before and I haven't done anything to owe it back (I believe that was the amount of my government bond that is only payable if I sell or move out of my house before a set # of years).
Could my bank just roll that amount into the balance they report without telling me (or adding it to the balance they report on my statement)?
Is it normal for a credit score to react this way? I assume a mortgage balance increase is a huge red flag to them, but I don't know the circumstances that would normally happen. I've never missed a payment, and my report reflects no missed or late payments.
I plan to call the bank as soon as they open, but if anyone has any history with this on their credit report, it would put my mind at ease while I wait.
Submitted February 11, 2017 at 06:56AM by Vanakrisum http://ift.tt/2kgCEEC
