Credit Karma: Closing secured credit card = deleted?

[Involver]

Would you care then to substantiate your claims of your "good advice"?

[Anonymous]

CreditKarma is a joke my score with CK is always 40 points less than what it actually is yes 40!! Accounts that I have is not even listed then one month it will get listed and it will give me an alert of a new account which is the acct that was missing that ive had for years and bump my score up, then 2 months later it will delete an account ive closed and drop my score like crazy, with me and in my experience its never been accurate.

I dont even log into it anymore.

[CreditCuriosity]

40 is all?  Mine on there is like 70 points lower that my true FICO TU, atthough my vantage is pretty perky lol.. something is really wrong with that sight!

[takeshi74]

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@Anonymous wrote:

I know FAKO only calculates AAoOA

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CK relies on AAoOA but that doesn't mean that all FAKO's use AAoOA.  There are many more than just one FAKO model out there.

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@Anonymous wrote:

myFico hasn't given me any adverse updates as of yet. Am I just freaking out over lame FAKO/CK nonsense? 

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Yup.  That is, unless you have a creditor that relies on scores generated by the same model that CK uses.

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@Anonymous wrote:

 Say what you want, but multiple data points indicate that the CK score is consistently close if not equal to your FICO 04 score.  Useless?  I don't think so. 

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All depends on the intended usage.  If you're wondering what score a creditor will pull and the creditor doesn't use TU 04 is its useless.