Why did my credit score drop after paying off debt?
Many factors determine credit scores. Here’s what can bite into yours.
8 min read
May 07, 2024
Erin Lowry
Expert Reviewer, Personal Finance
EXPERTISE
- Credit cards
- Banking
- Consumer loans and debt management
- Mortgages
- Real estate
- Personal finance
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Meet our expertsAbout Erin
Erin Lowry is the author of the four-part Broke Millennial series, including: Broke Millennial, Broke Millennial Takes On Investing, Broke Millennial Talks Money and Broke Millennial Workbook: Take Control and Get Your Financial Life Together. Erin’s been featured in The New York Times, Wall Street Journal, and on GMA3, ABC News, CBS Sunday Morning, CNBC and The Rachael Ray Show. She has written for The New York Times, USA Today, and other major publications.
Erin's latest articles
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Wealthfront’s Automated Bond Ladder: Taking the hard work out of buying Treasurys
Wealthfront’s product could greatly simplify the process of building a bond ladder.
4 min read May 07, 2024 -
National Funding vs. Triton Capital: Which small business lender is right for you?
National Funding and Triton Capital are two online lenders that offer fast funding. Here’s how they compare for small business loans.
5 min read May 07, 2024 -
Can a business charge for using a credit card?
Businesses tend to cover merchant fees, but other times consumers eat the cost.
9 min read May 06, 2024 -
Landlords and credit checks: What you should know
What is involved in a landlord credit check and how can you prepare for one?
5 min read May 06, 2024 -
Are business credit card rewards taxable?
Business credit card rewards are considered a rebate on spending and are not taxable
4 min read May 03, 2024 -
Are joint credit cards a good idea?
Both authorized users and joint applicants can share credit cards, but should they?
9 min read May 02, 2024 -
Are money market accounts FDIC-insured?
Money market accounts share the same FDIC protections as savings accounts and CDs.
4 min read May 01, 2024
