January 20, 2015 From everyone here at Credit Karma, a warm welcome into the New Year and best wishes for the twelve months ahead. As you work down your list of resolutions, maybe making plans to take control of your finances, we’ve got news that we’re excited to share with you. Last week, Credit Karma […]
December 29, 2014 Hey everyone! For years, Credit Karma has proudly provided credit scores to millions of members. Then, we upped the ante by adding free credit monitoring, account monitoring, and, most recently, weekly TransUnion credit reports. Brace yourself, because we’re celebrating the New Year by adding another exciting new feature: credit reports and scores from Equifax! […]
Credit Karma is transitioning to a new type of credit score: the VantageScore 3.0 score provided by TransUnion. We want you to know why we believe these changes will deliver more value. Why? More than six billion VantageScore credit scores were used by lenders and other industry participants, including seven of the top 10 largest […]
September 16, 2014 More good news about credit card delinquency rates has arrived. The latest TransUnion Industry Insights Report found that the rate of credit card payments that were 90 days overdue or more dropped nearly 9 percent in the last year, from 1.27 percent to 1.16 percent of total payments. The findings are based […]
August 1, 2014 Recent news about the state of the housing market is good, but not great. One big, positive takeaway, though, is the sharp decrease in foreclosures and, correspondingly, in “distressed” housing sales. As recently as 2011, distressed sales made up a full 30 percent of all housing sales. By 2013, that number had […]
July 30, 2014 For years, Credit Karma has taken pride in providing free credit scores, credit monitoring and valuable educational resources. Now, we’re excited to introduce full credit reports to our family of features. Credit Karma members are now eligible to check their TransUnion credit report at any time through their Credit Karma account, and to update […]
July 28, 2014 In the world of finances, old wounds appear to be healing. Well, not completely, but there’s reason to be optimistic about the credit card debt that many Americans accumulated during the recession. According to recent data from the American Bankers Association (ABA), Americans are meeting their payments at record pace. In the […]
July 3, 2014 In honor of the start of summer, we decided to make the housing market the subject of our latest infographic. Scroll down for details on average mortgage sizes and a glimpse at how widely the market can vary based on region.
March 13, 2014 We’re incredibly pleased to announce our latest round of funding, led by Google Capital! Tiger Global, Ribbit Capital and Susquehanna Growth Equity also contributed to this latest round of financing, bringing the total amount of equity financing raised by Credit Karma to date to an astounding $118.5 million. We’re excited by the public endorsement of our […]
January 11, 2014 The bottom line on how 2013 varied on average depending on credit score. From amount of debt to credit score movement, those with varying credit profiles ended the last 365 days with dramatically different results.