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re: Any negative for having too many CCs open?

Posted on 7/25/14 at 2:47 pm to
Posted by JonTheTigerFan
Central, LA
Member since Nov 2003
6794 posts
Posted on 7/25/14 at 2:47 pm to
quote:

But the score you get on Credit Karma will not be an accurate score with what lenders use. However you will be able to monitor any sharp changes in your score and be able to monitor any potential fraud on your account (see balances on accounts that are not yours). It is a great free resource, but do not treat the score they give you as the gospel.


Yep, it's good information but ignore the score. It uses a different scoring model than FICO so your score may or may not be close to your actual FICO score. I have the app and the Credit Sesame app as well. Credit Karma is TransUnion and I think Credit Sesame is Experian.
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