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nkyguy1988 t1_j6o2saw wrote

Unless it reports to FICO scores, it doesn't matter. For all real world applications, credit karma is a "fake" credit score. Nobody uses Vantage score which is the underlying model.

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[deleted] OP t1_j6obd8e wrote

It was reported on my TransUnion report, which was alerted to me by Credit Karma

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WVPrepper t1_j6o6blc wrote

It's been a long time since I rented, but I recall my leases saying something like "One year lease at $12,000 to be paid in monthly $1,000 installments". That would almost make sense.

I know recently some tenant rights groups have been pushing for paying rent on time to be reflected in credit scores.

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Rave-Unicorn-Votive t1_j6ohvuq wrote

Did you sign up to have your rent reported to "boost your credit"? I've seen at least one other post where the credit boost action showed as a loan on the user's credit report.

As to the actual why it's being reported as a loan, I don't believe the OP ever got a solid answer.

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[deleted] OP t1_j6ok38q wrote

They sent us a letter a few months back stating changes with rent, but I can’t seem to find it.

I will reach out to them and ask.

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Interesting-Dish8894 t1_j6osy1u wrote

First mistake is putting any value into what credit karma reports

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