Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
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Why are you trying to raise your score? Are you going to be getting a mortage or other loan soon? Since you pay your balance off every month on your cards, it doesn't matter what your interest rate...
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
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22 Replies
11,008 Views
Well Said.
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
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22 Replies
11,008 Views
I see. So I AM an outlier. I chose to pay my tuition and car with cash (so no loans and no accounts from those) and worked a lot. I guess that's not a good thing since I sacrificed my credit score...
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
+1 Score
22 Replies
11,008 Views
Don't think others don't work hard because they use credit. :-). Sounds like you are on you way to a better credit score. You can have a great score with 5 open credit card and never paying a penny...
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
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22 Replies
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It actually pretty easy. I have 22 accounts and a credit score in the high 700s. I have about 7 open credit card accounts and a mortgage. In the past, I have had 4 student loans, 2 auto loans, and a...
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
+1 Score
22 Replies
11,008 Views
Why do you care?
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
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22 Replies
11,008 Views
https://www.creditkarma.com/report/totalaccounts
In order for me to get "A" I have to have 21 total accounts. Does it seem right to you? I have 3 credit cards and that's already more than enough...
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
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22 Replies
11,008 Views
credit is where someone extended you credit - e.g. student loans, mortgages, private loans, auto loans, etc. I think closed accounts fall off at some point.
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
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22 Replies
11,008 Views
I've been paying full balance every month for all my credit cards for the past nine years. I just don't have the need for more credit cards though it seems like the only way to increase my total...
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
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22 Replies
11,008 Views
The credit score system is complete bullshit and this is just another fine example. Someone with 20+ credit cards and loans is more credit worthy than someone with 3? But signing up for new credit...
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
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22 Replies
11,008 Views
does it say 20 credit CARD accounts? or just credit accounts?
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
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22 Replies
11,008 Views
Same thing for me. I got a D because i have ~8? 5 open, 3 closed? but yeah... its weird they say to get an A you need to have ~20.
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
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22 Replies
11,008 Views
:bounce::bounce::bounce::bounce::bounce::bounce:
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
+1 Score
22 Replies
11,008 Views
you need to be opening those $200 cash back cards BUT paying the full balance every month!
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
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22 Replies
11,008 Views
nice job of confusing several issues.
of course somebody with 20+ total credit lines is more credit worthy than somebody with 3. The former shows that (1) banks were willing to extend this person...
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
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22 Replies
11,008 Views
Opening 20 accounts just to fix this one minor issue with your outstanding credit is going to do more harm than good.
Just be patient, the accounts will come with time... that's kind of the point.
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
+1 Score
22 Replies
11,008 Views
:heart::heart::heart::heart::heart:
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
+1 Score
22 Replies
11,008 Views
As someone pointed out it is based on credit accounts not credit cards. These numbers are based on averages of people with the highest credit scores (sample ~ 2MM). It includes closed and open...
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
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22 Replies
11,008 Views
Uh....maybe I didn't explain my question clearly. Here is what I have in my credit karma report - Total accounts (not my credit score, my credit score is fine):
...
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
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22 Replies
11,008 Views
According to the link in my original post:
"Total accounts is another measure of your creditworthiness. Consumers with more credit accounts generally have better credit scores because it means more...
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
+1 Score
22 Replies
11,008 Views
identity theft?
You should pull your credit report and see what's up.
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
+1 Score
22 Replies
11,008 Views
Exactly!
Credit Karma - I got a "F" on Total Accounts?
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Thread created 12-02-2011 by teetee1
+1 Score
22 Replies
11,008 Views
Exactly. The number of credit accounts is a LOW factor as said by CK. Don't pay too much attention to it. Also, if you want a better credit score for something soon, don't open any new accounts - it...
