What is the point of weekly credit score update based on no realistic data?
Been using this app/web for more than a year but also referring to other competition apps in the meantime.
Although the app/web claims to have a weekly update of credit records for individuals and, comparatively speaking to other similar apps, offers more transparency of affecting factors without the need of paid subscription, Credit Karma somehow fails to give me a true analysis of my credit and financial position as I also manage my own finance on bi-weekly basis.
How come my credit records (credit cards and Klarna) were showing - for several months - that momentary peak time that lasted only 2 to 3 weeks, having a much more lasting, unfair effect on my score score (a man without mortgages but clearing payments on time) ? Wondering if the weekly update is a fake one?
Comparatively, the other evaluation apps still give me a more credible score (good to excellent).
Reply from Intuit Credit Karma UK