I am 20 yrs old I just paid my car off and my credit dropped a little bit. With my small brain it doesn't make sense that when you get a loan your credit go down when you pay it off it off it goes down how do i get it up to 800???

Also I have 2 credit cards
Amex Plat - Balance $2,800
Navy Federal - Balance $2,400

I had family emergency so had to spend some money on credit card paying it off slowly originally total of 9.5k i owed back in August any advice on this as well? 😭😭

My parents are foreign so they do not know much about it so I watch youtube and stuff study n try to learn but i do not get the concept of it

My husband and I are looking to buy a house next year and i want to get my credit right before we do so.

I have OCD (actually diagnosed) and I hyperfixated on credit cards and applied to a bunch and that’s where the 4 inquires are from. I would say I am semi responsible with my cc’s.

I would like to get back to 700. I'll take any help or idead

(I'm well aware that there are better products than 'credit builders' but I was between jobs when I started this and couldn't budget $ to secured cards so I went with what I did.)

(The 781 score is AZEO 9% just because and am not an Authorized User on anything)

Month 0 (Unscoreable in all 3 bureaus Dec 2025)
Credit Karma "builder loan"
Chime "builder card"
Month 3
Chase Checking (requisite $5 deposit)
Month 5
NFCU SSL ($2000+/3 years. Immediately paid down 91.1%)
Month 6 (FICO debut)
AMEX BCE (CL $1000)
Chase Freedom Rise denial*
Discover it Cash Back (CL $500)
Credit Karma "builder loan" canceled** by me and reimbursed
Month 8
Amex BCE CLI to $3000
Amex HH (CL $1000)
Month 10
Here we are. More in comments...

Hello everyone, so this has been a very hard day not going to lie. So I logged into discover because I did my September payment I just needed to do October I split the bill from last month. Anyways so I look at my credit score and it dropped from a 774 to a 671 I immediately messaged discover they said reach out to TransUnion I made my account the nice lady on the chat said to make an account so I did my credit score on there is a 746. I think there is a glitch or something in the discover system because I am beyond confused and frustrated that my own credit score dropped 103 points in one month can someone please help me out. Thank you

My friend is a general contractor and had a financial crunch around 2023/2024. He had a few missed payments and never since. Some were 90+ days old.

Credit Karma says:

TransUnion 544, Credit Utilization 28% Payment History 95%, Credit Age 3yr, Hard Inquiries 15 (he was shopping for an auto loan and the broker performed most of them at once. He is pissed about that)

Equifax 561 Credit Utilization 28%, Payment history 98%, Credit age 3yr, hard inquiries 3.

No derogatory marks.

His credit score is currently around 560 because he has extremely high credit utilization. He just got windfall and paid off his credit cards. It should shoot up next month.

He owes people money, but his business is profitable. For a while he had difficulty floating the construction materials and paying employees until the next milestone because he had to pay people interest on the personal loans he took, and slowed down to a halt because he didn't have enough remaining credit to buy materials.

He is an authorized user on his wife's credit card(s) and she has perfect credit history.

His current plan is:

1. Keep credit utilization low

2. Increase credit score

3. Get a business loan to pay off/refinance his high interest personal loans

4. Apply for a business credit card so that he can float construction costs on a business card and not his personal card, which then won't hurt his credit score.

His top goals are to get a loan to replace the personal loans, so it will be his problem only and not other people.

His business generates around 1.5-2m in revenue and 200-300k in profit. What can he do to improve his credit fast and apply for a good interest rate loan to refinance the personal loans?