Money Monday: Did your credit score drop for no reason? 🤔

Money Matters
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Happy Monday, Community! :waving_hand:

If you’ve checked your credit score recently and noticed an unexpected drop, even though you’ve been paying your bills right on time, you aren’t losing your mind.

Errors on Canadian credit reports happen way more often than you’d think. An outdated balance, a duplicate account, or an incorrectly reported late payment can drag your score down through no fault of your own.

Your 5-minute action item today: Check your full report with both Equifax and TransUnion. Look closely at your payment history and active balances. If you spot a mistake, you can file a quick, free dispute directly with the bureau to get it fixed and restore your score.

Have you ever caught a mistake on your credit report? Share your story below! :backhand_index_pointing_down:

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I’m expecting my credit score to drop significantly in the next month, does that count? I guess not.

I guess I’ve been lucky that I’ve never been subject to an error on my credit report.