- How It Works|
- FAQs|
- Help
- Log In to your account |
- Sign up now for free!
Credit Advice
Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!
Question
If I have all these positives in rebuilding my credit why is my score going down??
paid off my truck, bills on time, paid off one credit card, stick to very strick budget. Last month my credit score was 681, now its down to 676! I don't understand shouldn't it be going the other way???
Asked by
nsmjc1
1 year ago
Flag this Question
3 responses
- Prev
- 1
Reply To This Question
The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.
Let the community lend a hand!
3 Most Recent Questions in Credit Scores
How long does it take to recover credit points lost to inquiries?
0 Responses
Asked by Etmicrobe
under Credit Scores
I fell for the Best Buy $1000 gift card gimick on my cell phone . What should I do now?
1 Response
Asked by WRedjohnson
under Credit Scores
Featured Credit Repair Service
- Take action and start work to improve your credit, today!
- Lexington Law helps you work toward the removal of questionable, negative items on your credit reports.
- They have served over 600,000 clients since 1991
- Active Concord-level clients see, on average, 8.7 removals by month 3 and 28.6 by month 12*
*Your Results May Vary
SERVICE PROVIDED BY
Lexington Law Credit Report Repair
Over 1 million negative items removed by Lexington Law last year, including:
- Collections
- Late Payments
- Bankruptcies
- Foreclosures
Copyright© 2007-2012 Credit Karma™, Inc. Credit Karma is a registered trademark of Credit Karma, Inc. All Rights Reserved. Product name, logo, brands, and other trademarks featured or referred to within Credit Karma are the property of their respective trademark holders. This site may be compensated through third party advertisers.
Paying off your truck means the account closed and it could have been a positive impact on your score. Do you have more than one credit card account? Usually having more than one credit card account is the best way to keep your score higher. You don't need debt on those accounts.
hardeight 1 year ago
Yes, I have a total of six, one I keep in circulation with quick pay offs, but I know not to close any of them out to show a credit history. I also make sure to pay bills and such on time if not early-I'm so afraid of Debt and my husband and I having been doing all we can so we can one day buy a house. I was feeling so good-then to check it and its going the wrong way is making me freak!
nsmjc1 1 year ago
If it's going to be a few years until you're really ready to buy, I suggest going to your bank you use and ask to speak with a mortgage specialist. Have them pull your tri-merge reports for both of you. This report is all 3 reporting agencies combined and your 3 FICO scores that the banks pull. Keep that paperwork. Not to get into another debate with a member here, but the scores & simulator you see here is not what banks use. Just remember, the cleaner your reports, the higher your FICO's.
BungalowMo 1 year ago