Jul 23, 2015

15 US Cities With the Highest Amount of Auto Loans

Cars have been a defining element of American life since the first Model T rolled off Henry Ford’s assembly line in 1908. According to the sales tracking company Autodata, Americans bought 16.5 million new cars in 2014. This fascination isn’t cheap: the average cost of a new car was $31,252 in 2013, according to TrueCar.com, […]

May 5, 2015

A Note from Nikhyl Singhal, Credit Karma’s New Chief Product Officer

In January, I met Kenneth Lin, Credit Karma’s CEO. I had left Google after four exciting years where I helped build and lead the product teams for Hangouts and Photos. I was looking for a new opportunity, but it had to be special. I wanted to innovate, after founding two startups (Cast Iron Systems acquired […]

Apr 28, 2015

Credit Karma Wins Gold at the Edison Awards

I’m excited to announce that last week, Credit Karma won a gold medal in the Financial Services/Banking division at the 2015 Edison Awards, which recognize innovation. It put us on an esteemed list of winners, alongside global giants like Gillette, LG, Pepsi, Yahoo and Hilton. To get this award, Credit Karma was evaluated by a […]

Apr 21, 2015

Introducing Credit Karma’s New Thin File Experience

April 21, 2015 Until today, if you were one of the 15 million Americans with a thin credit file and no credit score, signing up for Credit Kama hasn’t been a very rewarding process. You would have been able to register for an account with us, but we would not have been able to offer […]

Jan 20, 2015

New Year, New Milestone: Credit Karma Membership Hits 35 Million

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 […]

Dec 29, 2014

Now on Credit Karma: Equifax!

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! […]

Dec 5, 2014

Credit Karma Is Transitioning to the VantageScore 3.0 Score Provided by TransUnion

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 […]

Sep 16, 2014

Credit Card Delinquencies Hit Lowest Level in Seven Years

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 […]

Aug 1, 2014

Foreclosures Have Fallen Sharply Over the Last Few Years

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 […]

Jul 30, 2014

Now on Credit Karma: Full Credit Reports!

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 […]