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
knamaste

0 Contributions
0 People Helped
How/Why did my score drop to ZERO?!
I was working on building my credit and had gotten it up to the higher 500's. I had one thing in collections that i just recently paid off and expected my score to go up a bit. I log into my account and both scores now tell me "N/A" and I have ZERO credit! I have had some late fees for my insurance bill but I didn't think this could take me all the way back down to zero!! Help!

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
Top Contributor
7816 Contributions
1466 People Helped

Something isn't adding up here. First, late fees on your insurance bill is not going to affect your credit. It is not on your reports right? That means it does not affect your credit. Was the collection account removed that you paid? I am wondering if this is the only account or was the only "open" account on your reports. I am thinking that you may not have any other accounts open in good standing or have accounts that are only a couple of months old. Go back to the drawing board and read more on what it takes to build and maintain good credit and don't put much faith into the Vantage scores that you get here. Once you have some six months to a year of credit history with open accounts in good standing, check to see if you have FICO scores and put your time toward improving them.

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.