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
Rachel3009

0 Contributions
0 People Helped
If I have a debit card and a savings account, does that mean I should have a credit score?

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
935 Contributions
132 People Helped

A saving account and a debit card are not credit.  The savings account is an asset and the debit card is access to your assets.  In order to have a credit score, you need credit.  Get someone to loan you money who will report it.   if you don't have one you can move money out of your savings account into a secured credit card.  You get the money back in a specified amount of time if you manage the credit card wisely and that company who gave you a credit card will give you more credit.   and that is the beginning of your credit score.

Top Contributor
7353 Contributions
3808 People Helped

Helpful to 0 out of 1 people

A debit card just allows you access to the money in your savings account and neither of these is at all related to credit.  Please read the articles on this site so you can understand how credit works and how to build a credit score.  That is what Credit Karma is here for....to TEACH people how to build and use credit, which is an essential part of today's society.

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.