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Credit Karma Pre-Approved Offers Not What You Think They Were

How Do I Use a Promissory Note to Pay My Debt?

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 …

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Intuit Takeover of Credit Karma is Getting a Close Look by Justice Department

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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 …

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Why Can’t I Trust My CreditKarma Credit Scores With a Good Sam RV Loan?

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 …

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Sanctioned Disruption of the Banking Industry to Come

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 …

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Killer iPhone App Delivers Free Credit Score and Credit Monitoring

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 …

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