After signing up for Intuit Credit Karma, you may discover that you have a thin file. Having a thin file means there isn’t enough information on your credit reports to calculate your credit scores.
Thin files can be common for people who are young, new to the country or don’t have many open credit accounts. If you were able to receive credit scores in the past but now have a thin file, it could be because you’ve closed your credit cards or loans and now there is too little information in your credit reports to calculate your scores.
If you have a thin file, it means the information in your credit report is too limited for the credit bureau to calculate a score. Thin files are most common with people who are young, new to the country or don’t have any open credit accounts. [CA]
If you were able to receive a score in the past but now have a thin file, it could be because you’ve closed your credits cards or loans and now have too few credit lines open to calculate a score. [CA]
Even if you have a thin file, you can still review your TransUnion and Equifax credit reports on Credit Karma and check to make sure the information is accurate.
See more information on thin files here: What does it mean if I have a “thin file”?
You can also read more about how to build credit with the Credit Karma Guide to building credit.