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Is it normal for my credit score to drop by 46 points for having a $2K credit card balance?
Is it normal for my credit score to drop by 46 points for having a $2K credit card balance? My score dropped today because my apple card has a 2,000 balance out of 6,000 total limit. I always pay full statement every month this past month I just happened to make some large purchases, but again, this will be paid off within the month. My question is, why would using only 2K drop my score so much(738 to 692)?? Between my 4 cards I have o...
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