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

Posted in Credit Scores
Profile Image

Question By
KittyKat9969

9 Contributions
5 People Helped
Good credit score reduced to 0 after inactivity.
I had paid on a car loan for 3 years, no missed or late payments. Then someone hit me and totaled my car. I knew what I wanted to buy to replace it, but I had to wait a year for it to be available. When I went to buy it, my credit score was zero because of inactivity! Can I do anything to get this good account that was paid in full to reflect on my credit score?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Credit Karma Team
Top Contributor
2949 Contributions
4639 People Helped
Most Helpful Response

Helpful to 1 out of 1 people

Hi Kitty,

In order to calculate a credit score, the credit bureau requires current accounts. The closed account for your auto loan is on your credit report, which potential lenders will see. However, without current information, the credit bureau cannot calculate an accurate, up-to-date score. You can read more about a "thin file" here: http://blog.creditkarma.com/credit-101/credit-scores/what-is-a-thin-file/

Hope that helps!

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

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.