June 7th, 2012
Why Didn’t My Credit Score Change?
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Credit Karma members sometimes wonder why it’s been a while since their credit score has changed. First of all, please know that it can sometimes take a significant shift in your credit profile for your score to change. While making on-time payments is a great way to build positive credit history, it can take a while before it will reflect positively on your credit score. If your on-time payment history is already pristine, continuing to make on-time payments will ensure that it stays that way, but it won’t further improve your credit health.
Even if something has changed in your credit history, another action you’ve recently taken could have counteracted the effect, causing your score to stay the same. Remember that there are various factors that influence your credit score.
When Will My Score Change?
Technically, a credit score can change at any point in time. Your credit score is calculated from dozens of different factors in your credit report. A change in your financial habits can result in a change in your credit score.
For instance, if you apply for an auto loan right now, the hard inquiry from your application will instantly show up on your credit report. Your score will reflect the subsequent change, and you should receive a credit alert email (if you’ve opted into Credit Karma’s free credit monitoring service).
Aside from instant inquiries like the above example, credit scores also change whenever a credit report is updated with new balances, loans or derogatory information from creditors. The frequency of these updates can vary by the credit bureau and the lender. In most cases, your creditor will report items like new credit line balances, payment activity, credit limit changes or late payment information every 30 days.
Bottom Line: Don’t expect your credit score to change every time you click the “Update Score Now” button. If it doesn’t change, it could be an indication of financial stability. If you’re consistent with your finances and credit, your credit score shouldn’t be constantly changing.
Find out How to Get a Better Credit Score.
Have more questions? Check out our Credit Advice Center.