649 People Helped
Member Since: November 2014
You can file a dispute with the credit bureau to address that.
TeamCKJen's reply was:
Closed accounts with negative history usually come off in seven years, but closed accounts with positive history may stay on longer for around ten years to show your creditworthiness.
You'll need to lift the security freeze and allow Credit Karma to access your credit report and score. Once that is set-up, then you can reactivate the security freeze and it shouldn't stop updates from occuring on your Credit Karma account.
Congratulations on paying down your debt. Member information on Credit Karma can be updated weekly, but credit bureaus usually report updates on a monthly basis. Give it some time and you'll likely see the changes by the next reporting cycle.
If you mean account opening and annual maintenance fees, there are custodians that don't charge those fees (such as ETrade or Ally Bank) and some that don't charge those fees but have minimum balance requirements (such as Bank of America $100, Charles Schwab & Co. $1,000).
An open account with consistent on-time payments is more likely to be beneficial to your credit score than a closed or paid off loan - http://blog.equifax.com/credit/does-paying-off-an-installment-loan-early-affect-my-credit-score/
You can contact the credit bureau to inform them of the error.
You have many potential credit scores, not just one. The car loan lender may be using a different scoring model (and possibly basing the score on a different credit report) than Credit Karma, which could account for the difference.
Late payments may stay on your credit report for around seven years after the first delinquency date.
In 2014, over 2,000 lenders, including six of the 10 largest banks, used VantageScore credit scores.