Clark116

brightfuture: I would probably agree with your comment that the scoring models are lender friendly. After all, that's the point! But your comments about the morgage are different from what some are asking about here. I don't think paying off credit faster is the problem. They don't account for that.... but when you paid off your mortgages, you DECREASED your accounts. I assume that those accounts closed when you made your final payment. So less borrowing ability and less accounts will drop your score. 

I am going with the assumption that there is some random factor not accounted for or understood. Mine dropped significantly when the everything was status quo. All payments were regular, all accounts remained as they were, my debt went down the way it has for months. So I will figure it is a simple fluctuation and see what happens the next couple months.

I have the same problem. My only difference is I never paid anything off. All the items in my "Report Card" were improved. All my debts were lowered per my usual payments but none were brought to $0. So what gives?? Do credit companies use a factor that Credit Karma can't report??  

As I'm sure anyone can imagine.. its frustrating when you do everything Right...only to have your score go down. I check each month on the 20th (or next business day) and my previous comparison kept my score the same when there was very little change.

The only thing I don't understand is what counts towards your "Total Credit". For example, I have 3 different credit card status'

1) Active Account

2) Closed Account

3) Suspended Account - By this, I mean that I have a balance that I am paying off and it shows a credit limit (higher then the balance). These are from "Opting Out" when the card company went to raise my interest so they kept the old interest and suspended the account. So each bank considers this closed and it will be completely once they are paid off. 

So I have compared my TansUnion credit report to what Credit Karma has for my "Total Credit" and it doesn't add up. It is definately higher then my open accounts but using all of either the closed account or suspended ones doesn't add up either. What is stranger [to me], is that my Total Credit was just reduced but I can only figure [from looking at the numbers] that it was from an account that was CLOSED 3 years ago!?!?

This site is great! It may have helped me avoid hurting my credit from choices I was planning to make. If I have chosen to "Opt-Out" of some credit cards due to a sudden drastic increase in their rate, when does the loss of that credit take effect? Such as, if I've chosen to "Opt-Out" but I am still paying off the account, does the credit limit still apply to my score? Or is it factored in as soon as the Opt-Out goes into effect?