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
kjeroh

22 Contributions
151 People Helped
On Payment History
Credit Karma gives me a 0% on bill payment. It lists 0 payments made, therefore 0 made on time!!!!! Why not 0 bills late? I mean, even the 0 payments made is rather silly. Any ideas on how this can be changed? I successfully completed bankruptcy in November 2013 so my score isn't going to be very good for quite some time. However, I don't need an essential measurement showing an undeserved "F."

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
Credit Karma Team
Top Contributor
2949 Contributions
4623 People Helped

Hi kjeroh, thanks for your question. The grades given in the Credit Report Card are simply a comparison metric. Credit Karma members with 100% on-time payments tend to have the highest credit scores and are given an "A". Credit Karma members with 96% or less on-time payments, OR no payment history tend to have the lowest scores, hence the "F". Payment history is a significant component in your credit score, and having no data for this value generally results in a low score.

Keep in mind the Credit Report Card has no impact on your credit score, which is calculated by the credit bureau - but it is a tool to let you know which areas are strong, and which require improvement. 

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.