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
SnowmanSnowman24

0 Contributions
0 People Helped
I had an auto loan but have a zero score!
I had an auto loan for 18 months paying it perfectly and then paid it offf. I've had no other accounts. I have a zero credit score. Why?!?!?!?!

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

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
5038 Contributions
1134 People Helped
Most Helpful Response

Helpful to 1 out of 1 people

Not all lenders report to the credit bureaus and some lenders may only report to one credit bureau. I would guess that your lender did not report to Transunion or Equifax. Have you checked to see if they reported to Experian? I would check that. Start reading all that you can on how to build credit. You need several accounts reporting to the credit bureaus to build a robust credit profile.

Top Contributor
7356 Contributions
3808 People Helped

Helpful to 0 out of 1 people

You really need to read the articles provided by this site so you can understand credit.  One loan and no other credit accounts are not sufficient to generatea credit score.  It is necessary to show a history of responsible credit usage to build a score.  The knowledge provided by this site is extremely valuable in today's credit oriented economy.  I have benefitted greatly.

Results 1-2 of 2Results 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.