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. With no payments required, it will provide members with unlimited free access to their credit reports from two of the major credit bureaus, TransUnion and Equifax. Even more impressive, the company refreshes these reports on a weekly basis.
Those who have a Credit Karma account are able to receive updates for their TransUnion and Equifax credit reports 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, 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. According to the Credit Karma website, "if you notice an error on your TransUnion report, you can submit a dispute without leaving Credit Karma."
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 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.
I love credit Karma! They are free and you can see and track your credit score. It also tells you how certain things affect your score. I highly recommend for anyone that wants to keep their credit in the green..
I love Credit Karma because it links to my credit card account, so with a click of a button I can instantly see my current credit score and that last six months. It's a wonderful tool to have.
I love using Credit Karma. They don’t ruin my credit when I check it. It shows me exactly what my credit score is.
Very self explanatory and informative. Tells you exactly where you stand and what you need to do to improve your score.
Credit Karma helped me build my credit over 100 points with helpful tips to help me out and I appreciate them.
Very helpful, accurate, trustworthy. They are very prompt in sending notices about changes.
I've been using credit karma for quite a few years now and it has helped me monitor and help pay debts.
Love everything about credit Karma! I get a monthly email so I remember to check my credit score, notices on any changes, and this has enabled me to improve my credit over the past three years.
I have been a Credit Karma user for many years. So, when they announced their new Savings Account offering I jumped on it. Only to get an error at completion "We weren’t able to create your account. Sorry for any inconvenience. Please check that your account and application information is correct. Thank you for your interest in Credit Karma Savings!". I contacted the customer service department to get a better understanding of the error and what I might have missed in my application. Response I received "We do not have any specific details on the exact reason why; all we can tell you is that you will be unable to open a Savings account." If you do not have the infrastructure ready, do not release an offering.. This customer service interaction was insufficient and unhelpful. I am sure with a better question re-routing in place, I and the customer service rep could have wasted a lot less time.
I signed up with Credit Karma and I am very happy I did. For years I was not sure if should. I was concerned that it could affect my credit score. I find it to be an easy way to monitor my credit score. They have a lot of helpful tips on the website.
I have a credit karma account and I specially like the ability that I have the ability to check my credit score frequently.
Love Credit Karma. They've helped us to be able to build and monitor our credit once we got married and got our first credit card and bought our first card. They were very helpful to suggest cards that were best for us and very easy to use.
We tried if for my mom when her credit card information was compromised at a car rental companies place not the best on the market.
I have Credi Karma and since using it have increased my score over 100+ points. I've been seriously using it just over a year. I have used it to challenge things on my credit and keep track of everything in one place. A+ in my book and I've never paid them a cent!
I love using credit karma. I track everyday to make sure I am being financially responsible. I like how quick and easy it is to use.
Its free, keeps customers score as close to the actual number as possible, helps keep track of your school so you can see where your excelling and where it needs work. The only downfall is that it should update more often.
Credit Karma gives me credit monitoring for free. I have received free credit monitoring from a few other companies but paid by companies who have had data breaches. Those services do not provide anything better than what Credit Karma provides for free.
I like that with credit karma they give you a new update of your score every single week. It helps you stay on top of your credit more.
I love Credit Karma! The email notifications are very useful and I love when my credit score increases they praise me for my hard work.
Love that credit karma keeps me updated on any changes on my credit report. I can always see what changes were made and what I need to improve on monthly.
Credit karma is amazing! We check our credit score and for free! That is amazing!
Credit Karma does exactly what it says it will do, and I appreciate the quality service that they perform at no cost to the customer.
Credit karma makes it pretty easy to monitor your credit and they even have credit cards they recommend based on your credit. It makes montioring your credit pretty easy!
for what it is, it's a good easy way to check out some of your credit information - though much like anything else, you have to start paying for any real info
Really good service to have a general idea of where your credit is at.Not always 100% accurate
Best free credit monitoring app in my opinion. I use it along with a paid credit monitoring service but atcually receive updates sometimes faster through credit karma, and i really like the user friendly & intuitive displays.
easy to use and and sends notifications of changes good bad or other. i love that is always providing suggestions and ways to fix or improve your credit.
i love tracking my credit with credit karma. They make it easy and less scary. Also, I appreciate how they break down what's hurting and what's helping your credit. It assists in letting me know how best to pay off my credit cards and reach my goals.
This website is helping me clean up my credit to buy a home. It makes it easy to read and understand while giving me tips to improve my score. Best part its FREE!!!!
very easy to use app nice to have your credit information at your finger tips love the helpful tips they give to help build your credit as well
Love using credit Karma it provides your credit rating and list of accounts open very easy to track and alerts you if their is any new activity. They also provide you other options to get a car loan or credit car where they think they can save you money. love their service.
I like credit Karma. People think that their scores are not accurate but in my opinion they are I have a few apps that check your score and they all have the same amount.
Credit Karama is where I look to see my score once a month. I love how they email me as well so I dont forget to check and stay informed.
Credit Karma is a fantastic website with credit monitoring. I turn to them whenever I want to see where my credit is at and what needs to be done to increase my score. Can't go wrong with Credit Karma!
Updates from Credit Karma are nice to have to keep up with credit score. The tips they share are helpful as well. And its free
I currently monitor my credit score through credit karma, I believe this service is genius. They provide 2 credit bureaus for me and give me the ultimate confidence to go into any situation knowing where I will qualify and negotiate with power.
I have the credit karma app on my phone and it is so easy to monitor my credit and what is going on with it. It is updated every 7 days so it is always up to date
Credit Score, Credit Advice, It's your one stop shop for anything credit. With easy to use interface you cant go wrong. Definitely a fan of this one.
I'm signed up with Credit Karma and I have no complaints. It's 100% free, and there's really easy access to your credit report as well. Good service.
Credit karma ruins your credit score, they sell your information, and they try to charge you for nothing. I do not recommend.
I have been using their services for free and it’s been really useful since I had some credit issues.
I’m not sure if I can trust these guys, it seems my score is different every time I check.
This site has helped me keep track of my credit score. It updates frequently and provides great info.
Easy to sign up for and they offer a great monthly over view of my credit. It’s great being able to see my credit score whenever I want to.
Good for semi accurate monitoring. Don't take it as fact tho. Good tips too on improving score.
Credit Karma has been extremely useful, especially when I first started working on the goal to get my credit back on track. Being able to see what factors that have negatively impacted my credit really helped me in making a plan. I also love that the service is free.
I love Credit Karma. It is really accurate and helps me keep appraised of my score. It gives me reports on a regular basis and is up to date.
Great for wanting to check your credit and not take a hit. It always send emails if something doesn’t look right or score increased. Easy to use app.
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!