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 Karma
Profile Image

Question By
katiedell1

0 Contributions
0 People Helped
I have paid off my only credit card, why hasn't my credit score gone up on here?
I recently paid off my entire credit card and closed the account. Why hasn't my credit score gone up?

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
1 Contribution
0 People Helped

Credit score not going up?

I use one card at a time to keep my cards open so I won't be over my head in debit... but I also have car payment and I don't see that on my credit ratings.. Why?

Top Contributor
7347 Contributions
3806 People Helped

Because you closed the account!!!

Helpful to 1 out of 3 people

You have to HAVE credit to use in order to have a better credit score.   When you closed that credit card, you removed the available credit (whatever the credit limit was on that card) and have nothing to work with now.  Do the Score Simulator program on here to see what you need to do to improve your credit score.

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.