The Federal Trade Commission has taken action against credit services company Credit Karma for deploying dark patterns to misrepresent that consumers were “pre-approved” for credit card offers. The FTC alleges that the company used claims that consumers were “pre-approved” and had “90% odds” to entice them to apply for offers that, in many instances, they ultimately did …
Credit Karma is a site that I often suggest to consumers to obtain free credit report monitoring and credit report reviews, even if only for two credit bureaus. As long as users are aware that the motivation for Credit Karma to provide those free services is to market additional financial products, they can get the …
Question: Dear Steve, A few years ago, I signed up with Credit Karma and have watched my credit reports ever since. I applied for an RV loan, thinking my scores were in the mid-700’s as is reflected in my Transunion and Equifax reports on Credit Karma. Was told that they only use Experian (which Credit …
For the most part the announcement from the Office of the Comptroller of the Currency (OCC) are painful boring. Sorry fellas. But this one looks like it could provide some innovative changes to the banking industry that could disrupt things for the better. The OCC says: “On December 2, 2016, Comptroller of the Currency Thomas …
There are a number of websites that claim to provide the same services for free. However, by the time you sift through the scammers and the less than useful sites, you are left with only one seemingly worthy contender. Credit Karma is fully legit and is accredited with an A+ rating by TRUSTe and the …
The folks over at Credit Karma have been busy little bees. I’ve been a fan of their free credit score and credit score modeling tool and mentioned them on the site. But now they’ve outdone themselves with their new iPhone app. The app is free to download and delivers a ton of useful information, except …
When it comes to free credit reporting products, I mean really free, the services are hard to find. Sure, there have been all sorts of teaser products offered that then signed you up for paid services but where does someone go to find their actual credit score? Until a year or so ago the online …
“Dear Steve, I would like to know if this site is safe. I saw in Wallet Pop a financial newsletter that you can get you credit score for free at CreditKarma. I tried it and it gave me a score. If this is real ,it sure beats paying for it or joining some membership and …