How Does a Credit Score Increase or Decrease Each Month?
The majority of credit scores don’t increase or decrease every month, largely because the person is in what is known as “steady state” or equilibrium where their patterns of credit use and payment are balanced over time.
There are, however, millions of correct answers to this question, depending on the individual. For instance, if someone missed a payment in the last month (but kept up future and all other payments), their credit score will lower by 25 to 50 points in a month, and then slowly increase over a 12-24 month period.
Perhaps someone had been carrying a balance on a credit card and paid that card off. Their credit score would go up after the credit card was paid off, however, barring any other activities, there would be no changes in the months that follow.