How much credit card debt are you carrying? Check this KC measurement
CreditKarma, a consumer education Web site, tabulates debt information based on data posted by consumers on its Web site. The company provides tools and resources to help consumers reduce debt and save money.
You’re from Nevada: higher debt and a lower credit score
"After several months of paying down credit card balances, many consumers (nationally) were forced to turn to credit cards toward the end of the year," Ken Lin, chief executive of Credit Karma, said in a statement.
Credit card debt increases by double digits
"2009 was a rough year for many consumers, especially with unemployment topping 10-percent and the holidays," says Ken Lin, CEO of Credit Karma. "After several months of paying down credit card balances, many consumers were forced to turn to credit cards towards the end of the year."
Hawaii December credit card debt up 7%
Since July, Hawaii credit card balances rose 19 percent, according to a new report by Credit Karma Inc., a San Francisco-based credit reporting firm.
FAQs on the New Credit Card Rules
Try applying at an institution where you have a checking account, mortgage or certificate of deposit, recommends Ken Lin, of CreditKarma.com.
Credit card companies squeezing customers
In its just-released "Top 10 Consumer Credit Events of 2009," the website CreditKarma.com lists...
Credit Crystal Ball?
What does 2010 hold? Ken Lin, CEO of Credit Karma offers insights and predictions.
More Fees, Less Rate Hikes? 5 Changes Could Bring for Credit Cardholders
"As we look to 2010, creditors will be competing for the best customers as the economy improves. We should see new features and more competitive pricing for excellent credit consumers," Credit Karma's Lin said.
Top five credit card predictions for 2010
"Many consumers delayed purchases in 2009," said (Credit Karma CEO) Kenneth Lin. "Many want good news, and I think with consumer confidence on the way up, 2010 will show increasing consumer spending and less saving."
Featured Website: Credit Karma
The site derives your credit score from one of the major credit agencies which allows you to see how a lender may view your creditworthiness... Along with the other free tools provided, this is a great site!!