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 Site Suggestions
Profile Image

Question By

6 Contributions
13 People Helped
I have asked about the reason my FICO score dropped.
I saw one response about trying Credit Sesame (.com) which I did. There, they laid out in easy to understand reasons , category by category, which ratings I received in all categories. I received 3 A's a C and a D and it was helpful to see what they were talking about, rather than simply getting the one or two sentences which could be confusing. While I am still going to use CK, the Credit sesame site I find well thought out , easy to use, and of course free and safe, just like here. I would check that site out, having used CK for over a year now. I now have no doubts as to why my FICO score dropped. I of course do not agree with their logic. I only have ONE KIND of loan out (Credit cards) BECAUSE I paid OFF my MORTGAGE, and I PAID OFFF my School LOAN and I BOUGHT MY CAR WITH CASH. It seems rediculous to me that I should go get another home loan or go into debt with buying mty car when I don't have to just to satisfy these bean counters, especially now that I have had 35 years of credit history. But I guess once your Home loan and School loans FALL OFF, then you are in REAL TROUBLE!!!.(At least in their eyes). This seems as idiotic to me as the CC company president who got rid of all his cutomers who always paid on time, since he couldn't make a penny off them. HE needed people who constantly paid him interest, so he eliminated the "bad" customers who always paid their debts in FULL every month.

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.