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Question By
tre55

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0 People Helped
My credit scores dropped 100 points after new CK webpage design....what happened?
Checked my credit scores this morning (1/23/15) and i see CK has new webpage design. Scores are 100 points lower now than they were last week..........what happened?

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1 Contribution
26 People Helped

hunter

Helpful to 26 out of 39 people

my score dropped for absolutely no reason as well as others I know. Some people's score shot up for no reason when the system changed. My score at my banks did not drop.

So I will no longer consider Krama score until they correct their errors!!!!!!

Reply by
Alan1944

1 Contribution
42 People Helped
Helpful to 42 out of 50 people

My scores dropped 50+ points also, but when I checked directly with Transunion, Experian and Equifax. they have not changed at all.  Somehting is terribly wrong with Credit Karma since the change.  I cannot rely on them now.

Reply by
Tracy212

3 Contributions
13 People Helped
Helpful to 13 out of 19 people

I thought it was me, and perhaps I wasn't remembering my score correctly.  Mine dropped by about 80 points.  So tired of this credit reporting game.  So glad I own my home and have been saving for any unexpected expenses.

Reply by
christyw66

1 Contribution
10 People Helped
Helpful to 10 out of 15 people

mine dropped over 100 points in two weeks for no reason I am reporting this to the BBB and whoever else can investigate BS

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Reply by
jloes

171 Contributions
19 People Helped

Get your credit cleaned with the help of a reliable personnel Fico and Ex Transunion agent! He's tested and trusted. I had a very low credit score (around 520) and it was ruining my life. I needed help. I was very depressed because of it and had been trying to repair it but It just seems nothing was capable of getting my score raised quickly. I needed something done fast. I had read a lot of good things about this hacker online which gave me a go ahead to try him out. I almost gave up my search for a real agent because I kept meeting fake people who are not capable enough and who are always after the money, I've been conned by them. this programmer is not about the money but about attaining a good reputation at always satisfying his customers. My credit score is now 780, 790 and 820 on all big 3 bureaus and it was 100% confirmed by FICO. This is my way of showing appreciation for a job well done on my credit report. Reach out to him for help at yatesnovakovic @ g m a i l . c o m  He's affordable and always at your service.  

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13 Contributions
69 People Helped

They changed to Vantage 3.0

Helpful to 13 out of 16 people

You can't compare it to the old models directly due to weighting and range differences. There's no point in trying. Just consider it a new day after the change and watch the changes from here, since those are more telling than a numeric score anyway. The most useful thing this site has is quick access to two of your credit reports (TU and Equifax) for free along with reporting dates. Protip: Pay off cards within the last few days before they report to keep utilization low for scoring purposes, since it will be a snapshot of what it was on that day of the month.

Lenders may use any of a wide variety of scoring models tailored to their industries to ascertain your credit worthiness, so all you can do is keep it clean and try to keep it increasing in as many models as possible. Keeping it clean is a game, but if you know what info they're working with (the info reported to the agencies), you have a lot more control over it.

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Reply by
Aimit12

136 Contributions
34 People Helped
Helpful to 1 out of 4 people

I’d like to share my story too. Just a few weeks ago i was homeless, i was jilted by my online lover. and he had robbed me of everything i had. By the time i realized i was being played, my credit score was already 458 , i had an eviction on my report and a large debt on my credit. I was on my way to the little corner behind the store where i normally sleep when i saw a fellow homeless person who i met some days ago and he was looking so changed and successful. I immediately began to beg him to tell me how he made it so fast and because i had told him my story when we previously met, he understood my problem and gave me the contact of the hacker that helped him. i contacted the programmer (ex FICO and Experian agent) and he fixed my credit, raised my credit score and cleared all negative listings on my credit in less than 9 days. I would have kept quiet about this, but i won't be able to forgive myself for not helping people who are in terrible conditions like i was. "gmorrison741 @ g m a i l . c o m" is the programmer's email address. I wish you good-luck. Y’all can thank me later. 

1 Contribution
17 People Helped

My opinion based on research

Helpful to 17 out of 24 people

I thinks its the difference between getting you transunion/ equ fax credit scores (that's what we are getting now) and your vantage score (what we were seeing before.). That highest vantage score is about 150 points higher than the highest credit score.

1 Contribution
12 People Helped

dropped score

Helpful to 12 out of 16 people

Mine dropped as well. But I don't see CK responses to any of the others. Why did our scores drop?

5 Contributions
5 People Helped

credit score drop

Helpful to 5 out of 5 people

I opened a secured credit card to help build credit and my score improved for a couple of months dramatically and then all of a sudden it dropped drastically with the redesign.  I, too, am baffled by this.  I wish they would come up with a better, more accurate system.  Also, I have paid off EVERYTHING that was on my Credit Bureau Reports this past year, (including a disability discharge on my student loans) so my reports are totally clean.  There is absolutely no reason for this foolishness.  My score should be significantly more than what is showing with all that I have done.  

2 Contributions
7 People Helped

credit score

Helpful to 7 out of 10 people

I think this website is just another scam.  I have brought all of my credit cards down, pay everything on time and my score gets lower and lower,  WTF

1 Contribution
9 People Helped

Helpful to 9 out of 13 people

Along with the redesign they changed from using the transrisk score to the vantage scroe 3.0.  Transrisk was always known to show higher than FICO.  Vantage score has a larger range than fico and is designed to give you the equivlant of a letter grade based on the hundreds digit (9xx=A, 8xx=B, 7xx=C, 6xx=D, etc.)  It also priorties some things differently than the FICO score, though it also depends on which FICO model.  There are different models used for different types of credit (loans, revolving, etc).  I get my FICO from three different credit cards.  Two of which use Equifax and they are always 20+ points off from each other due to different models being used and different dates the scores are pulled. 

In short, your score has not changed, it is just a different version of your score, and your FICO score is likely higher than you Vanage score for most people.

1 Contribution
5 People Helped

Score Drop

Helpful to 5 out of 8 people

My score dropped why is that and who do I contact? My score dropped by 63 points.

Top Contributor

Reply by
Aimit12

136 Contributions
34 People Helped

I’d like to share my story too. Just a few weeks ago i was homeless, i was jilted by my online lover. and he had robbed me of everything i had. By the time i realized i was being played, my credit score was already 458 , i had an eviction on my report and a large debt on my credit. I was on my way to the little corner behind the store where i normally sleep when i saw a fellow homeless person who i met some days ago and he was looking so changed and successful. I immediately began to beg him to tell me how he made it so fast and because i had told him my story when we previously met, he understood my problem and gave me the contact of the hacker that helped him. i contacted the programmer (ex FICO and Experian agent) and he fixed my credit, raised my credit score and cleared all negative listings on my credit in less than 9 days. I would have kept quiet about this, but i won't be able to forgive myself for not helping people who are in terrible conditions like i was. "gmorrison741 @ g m a i l . c o m" is the programmer's email address. I wish you good-luck. Y’all can thank me later. 

2 Contributions
2 People Helped

same here

Helpful to 2 out of 3 people

My scores dropped dramatically too... which, reading the responses I can see why, but it would have been nice if CK has let us know.  Not a fan of the new site as I can't seem to track my personal trends anymore.

1 Contribution
0 People Helped

never been correct

Kredit karma should be used as a general guide. They provide an estimated service funded by advetisers. This site is NOT accurate but help the consumer get back on his/her feet. The varaience between trans union, equifax and credit karma in my case is 100+ points.

Free yes, accurate no.

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