Why did my credit score drop despite timely payments? Understand the hidden factors

Adhil Shetty • July 03, 2024 / 14:12 IST

A late payment on an add-on card may have triggered a drop in your credit score. Or an old credit card closed might also see a temporary drop in your ratings. Be vigilant.

The age of your credit line is one of the smaller factors that shape your credit score.

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