This is becoming a typical question nowadays. A lot of people don’t realize that the only way your credit score can go down is if the information that appear on your report reflect substantial changes.
First let me tell you that the only way your credit scores can go down is if information appearing on your credit reports changes. These changes are documented on your credit report regularly – sometimes even daily. Here is where your credit score come from:

• From creditors you have accounts with
• From lenders, when you apply for new credit
• From public information, such as tax liens, judgments, bankruptcy, etc.
Following are the things that can effect changes on your scores:
• Consistent and constant late payments
• Increased or reduced credit limits
• Higher credit card balances
• Higher HELOC (Home Equity Line of Credit) balance
• Closing revolving accounts
• Recent credit inquiries made
In the same way, any new practice you start in managing your credit takes effect and influence your credit scores within 30 to 60 days; due to the lag time between the action you take against the period it takes the creditor to report the action to the agencies who handle credit reports.

Hence, if you’re serious about doing something to fix any negative aspect of your credit report, now – today – is the best time to execute new habits.

@noname As far as I know, Equifax gives FICO score in all its products. I don’t know whether it has its own score like others or not and I searched quite a lot, but didn’t find any mention of Equifax’s own credit score.