Why has my credit score dropped 169 points in 6 weeks, the only thing i have done is opened a new bank account?the new bank account i have opened went through fine and I have been using this for the past few weeks, I have used the "arranged" overdraft for only a few days, but am now back in credit by around £4-500. I have disassociated myself from my ex partner within this 6 weeks due to her poor credit history... |
Just opening a bank account is not going to impact your credit score. If the bank pulls your credit (which they would if you apply for overdraft protection since that is an extension of credit) then it will pull it down but not 169 points. Something else is happening. You should call all three bureaus and put a fraud alert on your file. This will prevent anyone from pulling your credit until you approve it. I would do that today.
I would also get your credit reports if you haven't.
