February 21st, 2012

3 Things You Might Not Know About Credit Scores

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credit score questions

If credit scores were a subject in school, we here at Credit Karma would ace every test. We spend our days reading up on new credit legislation, updating you on the new credit score rules, and obsessing over credit card rewards. When it comes to writing about credit scores on the Credit Karma Blog, we focus on clarifying credit misunderstandings.

Today, we’re going to cover three things you might not know about credit scores.

1. They’re not used by employers.

There’s a myth floating around that employers can pull your credit score to help determine whether or not to give you a job. This isn’t completely accurate. While employers can check your credit, they won’t see your score and they can’t see anything without your explicit permission. Employers will typically check your credit report when they’re also conducting a criminal background check. However, poor credit will not necessarily disqualify you as a candidate.

2. They can fluctuate a lot.

You may notice your credit score history chart on your Credit Karma account is riddled with peaks and valleys. Don’t worry, this is completely normal. Your credit score can change often due to the type of factors that make up your score. For instance, your credit card utilization rate can significantly influence your credit score and can change often, depending on how much you use your credit cards. One month, your score could be in good shape because you kept your credit card utilization rate below 30 percent of your available credit limits. But the next month, your score could dip if you make a large purchase on credit card and your utilization rate skyrockets to 70 or 80 percent.

Instead of worrying about your specific three-digit score, take a look at each individual factor of your credit score in your Credit Report Card for insight into what’s making your score fluctuate.

3. The one you buy isn’t the one your lender sees.

At Credit Karma, you can update your credit score, up to once every day, for free. Other companies will charge you upwards of $15 to see your score. And the score you purchase from them may not be the score that your lender sees. The CFPB conducted a study on this phenomenon last summer and concluded that, “The most significant adverse impact on a consumer from score differences would likely occur if the credit scores the consumer buys give a substantially different impression of his or her credit risk than credit scores that a lender would use.” In other words, as long as credit scores grade your creditworthiness the same (poor, fair, good, excellent, for instance), the actual number difference isn’t as critical.

What’s important is that you track one score for progress so that you have one metric helping you gage your overall credit health. If you do that, you should see an improvement across all credit score models.

Need more credit-related reading? Check out the rest of the Credit Karma Blog and our Credit Articles.

Have a Karmic Day!

Bethy Hardeman, Social Media Maven

Disclaimer: All information posted to this site was accurate at the time of its initial publication. Efforts have been made to keep the content up to date and accurate. However, Credit Karma does not make any guarantees about the accuracy or completeness of the information provided. For complete details of any products mentioned, visit bank or issuer website.


  1. Thanks for sharing this, great post by the way. It really is important to remember the things you mentioned above. Also, it can help people be educated with their credit scores.

    Trevor Jones at 9:17 pm on February 25, 2012
  2. If I check this everyday will it hurt my credit like having someone pull my credit everyday ? Someone please help . Lancelambert@hotmail.com

    Lance at 4:16 pm on March 15, 2012
  3. Not at all! Credit Karma is performing a soft credit pull on your behalf, and that will never affect your credit score. Check out this FAQ for more: http://www.creditkarma.com/about/faq#scoreimpact

    bethy at 5:39 pm on March 15, 2012

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