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
SharsCredit

0 Contributions
0 People Helped
My score went down 3 pts. Can't figure out why. The only debt I have is a mort & it's 2 mos ahead.
My bankruptcy was completed in March of last year. I have no debt other than my mortgage and I have been paying ahead with a little toward principle every month. But my credit score is going down. It's not making sense to me. If you pay everything off, current on what you do have, shouldn't your score go up?

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

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
5038 Contributions
1136 People Helped

Don't worry about a few points, scores will fluctuate a little. I advise you to watch your FICO scores too when in the process of building credit. If the only active account that you have on your credit reports is your mortgage, I advise at least getting one credit card even if it has to be secured. Capital One is a good company to get one with (even if you have had a delinquent account with them in the past, they don't hold grudges). The basic credit building tools are three credit cards and one installment loan that are reported to all three credit bureaus. Make sure that you take the time to read everything that you can about building and maintaining good credit.

Result 1-1 of 1Results 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.