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!


Posted in Credit Karma
Profile Image

Question By

0 Contributions
0 People Helped
I am confused as to why my credit score dropped dramatically
I lost my job about 4 years ago and so that caused me to loose my car and default on a lot of bills. I have been paying my collections recently. I got all but one paid. I got a Credit Karma alert today letting me know that my payment history has improved on a account. Good right? Look it up and its the Capital One card I defaulted on and paid through collections. They changed it so my late payments had never happened. Everything else is the same, the account history, all the dates, in other words it has not been updated as recently active. Somehow through this though it managed to drop my score from a 611 to a 584. Why did this happen? I have studied my report up and down. The improved payment history is the only thing that has been changed on my credit report.

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

View your scores and reports anytime.


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.