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 company brings more transparency and certainty to credit and finance with free credit monitoring services, data-driven resources, and personalized recommendations.
Credit Karma's biggest selling point is that its services are free. With no payments required, the company will provide members with access to their credit reports and scores 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, users can see their VantageScore go up and down over time on well-presented graphs and reports, which can give them an indication as to whether they are on the right track.
Another feature is that users can compare their credit scores to others in their area, age group, and so forth.
Credit Karma provides a fully-configurable alerts panel to notify consumers by email of anything from a change in one of their credit reports to large purchases, withdrawals, interest rate changes, and so forth.
Each time someone logs into their Credit Karma account, they can check for changes on their credit report since the last refresh.
Credit Karma has a well-designed mobile app for both Android and Apple devices which allows users to access all information on their credit reports, scores, and alerts while on the go.
Credit Karma maintains an up-to-date, online library of credit-specific educational resources that are well-written, informative, and accurate. Additionally, the company has an active community where users can get advice on all aspects of their 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 a user's 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.
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!
FREE,,,,,what's not to like?
Amazing! It has truly helped me raise my score 100 points! Showing me my score, report, and best areas to work on for maximum improvement!
I love receiving alerts about new account activity.
Awesome site I have already got two credit offers highly recommend
I think its a good website thats free and beneficial
Every credit report company seems to think they know your e-mail address and passwords better then you, No matter what I use, they do not like them. So keep your reports, I don't really need the hassle in order to have a report.