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Based out of California, Credit Karma has been featured in multiple news articles including MSNBC, SmartMoney, The Wall Street Journal, USA Today, and TechCrunch. Beginning with two credit reports and scores, the heart of personal finance, the company brings more transparency and certainty to credit and finance with free monitoring, data-driven resources, and personalized recommendations.
Credit Karma's biggest selling point is that it is free. At absolutely no cost, it will provide members with unlimited free access to their credit reports from both TransUnion and Equifax. Even more impressive, the company refreshes these reports on a weekly basis.
Straight from Equifax and TransUnion, these fully-functional reports are updated every week. Credit Karma provides users with an easy-to-use interface for navigating and understanding their credit report, including suggestions for improving their credit.
Although CreditKarma, unfortunately, does not provide official FICO scores (more on that in a minute), the company does provide a VantageScore 3.0 for each credit report. VantageScore is a newer scoring model that has gained traction but is still not necessarily the most popular or accurate measure of one's creditworthiness. Either way, you can see your VantageScore go up and down over time on well-presented graphs and reports, which can give you an indication as to whether you're on the right track. Another cool feature is that you can actually compare your credit scores to others in your area, age group, and so forth.
Credit Karma provides a fully-configurable alerts panel to notify you by email of anything from a change in one of your credit reports to large purchases, withdrawals, interest rate changes, and so forth. Every time you log into your account, you can check for changes on your credit report since the last refresh.
Credit Karma has a well-designed mobile app for both Android and Apple devices which allows you to access all information on your credit reports, scores, and alerts while on the go. The app currently has an average rating of 4.5/5 stars in both the Apple and Android app stores.
Credit Karma maintains an up-to-date library of credit-specific educational resources that are well-written, informative, and accurate. Additionally, the company has an active community where you can get advice on all aspects of your credit and scores.
Credit Karma provides everything from debt repayment and loan calculators to fully-featured credit score simulators powered by TransUnion. The Credit Score Simulator allows you to see how different decisions, like paying off part of your credit card debt or getting a home loan, might affect your credit score in the future.
The service has absolutely no way of pulling your credit report from Experian, which is a significant blind spot in any comprehensive credit monitoring strategy.
The credit scores provided by Credit Karma aren't true FICO scores, so they aren't the same credit scores most lenders will see when they pull your credit. There have been reports of Credit Karma's VantageScore being off by as much as 100 points from what a lender saw when they pulled that customer's FICO score from the same bureau.
There have been a significant privacy questions raised by the FTC in regards to Credit Karma's mobile app not being as secure as the company claimed, resulting in a settlement in 2014, wherein the company agreed to submit to annual independent tests to verify that its apps are secure for the next 20 years.
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Easy to use, good information. Helpful reminders to keep your credit up!
Great, free service that allows you to see your credit score and get reports. Easy to use and helpful!
waste of money for a fake credit score. don't waste your time and money.
Credit Karma gave me a false credit score. i didn't find out until i went to apply for a car loan and it was a lot higher than what Credit Karma gave me. i was not happy at all.
I love how I get emails how my credit is doing. Good updates but not sure how accurate.
got my credit score in minutes. quick and easy process. straight to the point. and it was very cheap to get my score.
LOVE Credit Karma. It let's me see an estimate of my credit score any time I want to and gives me pro tips for how to make my credit go up. It has really helped me get on top of my credit.
The mobile app has made it easy and convenient for me to keep track of my credit. It also helps me with it’s different service on how to maintain good credit.
Signed up for Credit Karma and it has been very helpful in trying to get things paid off to help build credit.
Always easy to use and hasn't been wrong yet. Like that its free and easy to use.
They have been great with us for the last 10 years, they locked us out of our account after someone tried to hack there way in. So neither of us could get in but after sending in copies of water bills, etc. we just changed passwords. Due to the Equifax data breach we have watches on savings, checking, etc. You set the limit and they inform you of activity. I find this company fantastic and highly recommend it. It also shows all the factors that influence your credit worthiness.
Appreciate their keeping me informed about my credit score.
Real easy to use interface. Gives you doable activities to raise your credit score. Good info on there.
This is the best tool in my opinion for checking your credit. They check your credit on two of the three credit bureaus and you can check your credit as much as you want for free and it won't damage your score.
Very handy service. Monthly monitor update is very helpful. I have worked hard for years to have a great credit score. Credit karma is a help to monitor my accounts for accuracy.
Easy to use. Good informational site.
I love the ease of being able to see where my credit scores are and who is reporting what. It is free and has an app that is easy to navigate.
Only cost $1 for a trial. Was able to find out info I needed . Contacts me regularly and especially important when a change occurs.
Have had credit karma for more than 6 years. Always very close to actual credit report. Best free report out there that doesnt affect your credit. Accounts are usually updated within a week.
They are good for a ballpark estimate on your fico credit score. But they can be off like 15 points on occasion which makes a big difference when applying for a mortgage.
Easy place to check your credit for free. I would recommend using. They make you do some steps before but it's not too bad.
I think its awesome that they will let you check your credit score whenever you want. I am sure they have other great features that I still need to check out.
It is a good site. It is pretty detailed without affecting my credit which is nice.
It's a great tool to watch your credit score and get helpful tips for your credit. One thing that's not so great is that the score they give you can be up to 100 points off, which is a bit frustrating.
I applied to the credit card suggested by them, and I was approved. Great service
credit karma was spot on for my credit report, great phone app, they found things on my credit that shouldn't have been their that i was able to correct, i would recommend them for sure
I mostly use the Credit Karma app, and it has been great. I went through a rough time a few years ago, and have been able to use tips from Credit Karma to improve my credit score. I love how easy it is to keep track of my score, and it was really easy to apply for a recommended credit card through their website. I would definitely recommend using them.
Credit karma has been something our entire family uses. My daughter showed it to us and signed us up on it several years ago, and we have used it regularly since. The website had such great information, was very easy to navigate, and I learned things about my credit score I didn't know. I was also able to see things that needed to be fixed.
It was awesome, easy to set up an account and a lot of cool features
Love this site used it to find my starting point and cleaned up my credit so I could buy my house.
The credit karma is the next best tool I have for changing my credit future and I am glad that it is around and I will continue to share and speed the word.
Excellent credit tool !
This site has helped me so much. I'm so glad I decided to try it. Maybe soon I'll be able to bring my score up thanks to you guys.
I like being able to see my score with out having to pay .I just wonder what you can buy with on the higher side of good credit.
Works great for me!
Credit score averages a little lower than the big 3 (which motivates me to improve it)and I have used a few of their offers and the credit building recommendations.
Its a good guideline for your credit.
So far..pretty decent. Scores seem pretty close tp what I've obtained elsewhere.
I absolutely love it! Bottom line it's the best!