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Question By
TruthInCredit

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Why does Credit Karma only show open accounts?
I have for example an open loan recently purchased by a different lender. The previous lender is not showing and the current lender is- perhaps lowering my length of credit score? Consumers have no control over their accounts being bought and sold between lenders. Why doesn't the previous lender appear here on Credit Karma, and does this lower my credit score as reported here on Credit Karma?

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Credit Karma Team
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Your current loan should be back-dated to the original opening date. You may need to contact a credit bureau to be sure that this happens. 

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Don't the bureaus use open and closed accounts still on report? Why does CK only calculate open accounts? i find it misleading and a flaw on the CK model.

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