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I'm attempting to repair my damaged credit with a secured credit card that has a $200 limit.

I've got virtually no credit history and up until a few days ago had a score of 577.

There are exactly 1 month of transactions on my new card. In that time I spent $50 and then immediately paid off the balance.

Yesterday when I went to check my score on Kredit Karma it had dropped to 470. Is this normal or should I start investigating the source of this drop?

There aren't any new derogatory remarks on my report, according to KK.

Thanks for any insight offered.



Submitted May 27, 2017 at 09:12AM by zapnuts http://ift.tt/2rJkTFx

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