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Credit Karma

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spydergto
Regular Contributor

Credit Karma

Hi like most here, I have all the other accounts to to monitor my credit. While i was looking at Credit Karma yesterday I took an in depth look at the Credit card report card section. like many times before i saw the same data but upon clicking and looking furture i saw under the total accounts section that it was backwards from what i thought. I was under the impression that less accounts all in good standing was better. but looking at CK to rate an A is 22 plus accounts in good standing. I was taken aback and wondered if this was correct ? I know not to use any of the friviolus stuff to rate my creidt NOW thanks to reading here like fico vs fako's  

 

But i was wondering which is better ? more accounts in good standing or less accounts in good standing ? 

Ex 750 10/22/2013 Eq 651 11/09/2013 TU 721 12/9/2013

5/14/14 Equifax – 673 Experian – 744 Transunion – 722

already bought the house! closed with a great deal all thanks to information i learned here!
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Anonymous
Not applicable

Re: Credit Karma


@spydergto wrote:

Hi like most here, I have all the other accounts to to monitor my credit. While i was looking at Credit Karma yesterday I took an in depth look at the Credit card report card section. like many times before i saw the same data but upon clicking and looking furture i saw under the total accounts section that it was backwards from what i thought. I was under the impression that less accounts all in good standing was better. but looking at CK to rate an A is 22 plus accounts in good standing. I was taken aback and wondered if this was correct ? I know not to use any of the friviolus stuff to rate my creidt NOW thanks to reading here like fico vs fako's  

 

But i was wondering which is better ? more accounts in good standing or less accounts in good standing ? 


CK serves a purpose to be sure.  However, using it as anything else than monitoring HP's, bal changes and new TLs reporting, etc would give you fits.  I would not concern myself with the criteria of +22 TLs. 

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