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
tmcat121

6 Contributions
1 Person Helped
zero debt, pay everything in full & ontime, why is my grade N/A?

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

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-3 of 3Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
713 Contributions
2573 People Helped
Most Helpful Response

Helpful to 2 out of 2 people

In the credit scoring world, zero debt is not considered a good thing. People with little or no debt don't get the best scores. As to why your grade is N/A, it may be because you don't have a lot of credit, or the credit you have hasn't been established for very long. Young people, for instance, or those who don't use credit cards, often have "thin files" -- that is, not enough established credit to have a score.

6 Contributions
6 People Helped

Helpful to 1 out of 1 people

Agree with other answerer.  It's like lifting weights- there has to activity or there will be no results.  Sometimes carrying a balance over (as long as minimum payments are made on time obviously) for a month or three before paying it off will build your credit.

6 Contributions
1 Person Helped

Zero debt

Thank you Clairissa & HUskee, my student loans are now zero, that resulted in a 15 pt drop! Should I keep a balance on my credit cards? I do use them, but I pay them off in full before the statement is processed. I am totally discouraged. P.S. Merry Christmas & happy, healthy and peaceful New Year.

Results 1-3 of 3Results 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.