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Credit Karma is a funny

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tattooedhusker
Established Contributor

Credit Karma is a funny

Funny little story about Credit Karma. Last week my CO from First Premier was removed from my credit reports and I closed my Fingerhut and Macy's accounts, my FICO score shot up 22 points up to 720! Now, this morning I log into my CK to update and that FAKO score dropped 28 points down to 661! Kind of caught me off guard until I remembered what I was looking at exactly. This is further proof to take CK with a giant grain of salt!

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coldnmn
Mega Contributor

Re: Credit Karma is a funny

Credit Karma doesn't figure in closed accounts in AAoA.

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tattooedhusker
Established Contributor

Re: Credit Karma is a funny


@coldnmn wrote:

Credit Karma doesn't figure in closed accounts in AAoA.


That's what I had thought, but just thought it was incredibly funny how off base they are

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takeshi74
Senior Contributor

Re: Credit Karma is a funny

Different scoring models will produce different results which is why you can't rely on one model to determine the score produced by another model.  Even FICO's models can vary.

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