Thursday, June 8, 2017

Tips for Fixing Your Credit Part 5:Benefits of Using Credit Karma




So now that you have Payment strategy and you have been able to pay off several bills over time, the next thing that you need to do is check your credit. However; when you get your credit, report make sure that you do not get dinged for looking it up. One of the best ways to check your credit report without it affecting your credit is by using a service called Credit Karma.
Credit Karma is a free service to those that want to check their credit report. However, they have a lot of other tools that you can use to fix your credit as well. When using this service, you need to keep in mind that it is going to have both reports, but there are times that the do not update at the same time. So if you see that there is a bill on your report keep in mind that it may take some time to fall off your report.
The items that you paid off will fall off of your credit. However, it does take time. It all depends on how you paid the bill. A lot of the time people pay with checks. By doing that they have a log of when they paid it and how much they paid. But checks do tend to take longer to clear with the companies as well as the banks. So keep that in mind that if you paid with a check each time it is going to take time to clear and then it will come off of your report. As a rule of thumb give it a month, if it still has not fallen off within the month, then call the company and give them the last payment information from your check so that they can look in their system. It could be something as simple as someone did not update the system. Once you do that it will come off your report within a week.
So, the next time you want to check and see how your credit is doing and what the next bill is that you have to pay off remember that by using Credit Karma you have that ability and it is not going to hurt your score at all to check it.


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