Why does credit score go down even though I pay on time and in full?
I wanted to build my credit up so i got my first credit card through capital one in May of 2014. However, there have been some issues as of late.
I check the credit tracker after my due date has passed and, even though I pay my balance on time and in full I notice my score keeps fluctuating down. It went up to 708, then down to 698, then 701, now 700. Also twice it has said I owe capital one (38.00) then now $8.00 even though I pay my balances before my due date with is the 7th of every month. I thought as long as you pay in full by your due date that your score goes up. So I don’t understand why my score keeps going down, and why sometimes on the credit tracker it says I owe money when I’ve long since paid it before my due date.
I've talked to capital one and they said they don't deal with credit scores. So I called trans-union and they say you can't dispute a score so I don't know what to do. I got a credit card pacifically to raise my score, and now it's acting weird even though I paying full and on time. I don't know what to do on my end since I thought I was doing everything right in the first place.
Also I must be doing the right thing by the credit card because after 6 months my credit line went up from 200 to 500. So if i'm doing something wrong why reward me?