Intuit Credit Karma
If your bank offers you a higher credit limit on your credit report, you might think it's a good idea to turn it down if you aren't going to use it. However, data from Credit Karma shows that credit utilization, or how much of your credit limits you're currently using, has a large impact on your credit score.
Using Credit Karma won't cause your credit score to drop. The service uses a "soft inquiry" to check your credit report and credit score for free. Soft inquiries don't affect your credit score.
Credit Karma analyzes your credit profile to find you better credit cards, loans and insurance so you can save on your monthly payments.
Companies that promise protection from identity theft may be expensive or ineffective. Credit Karma can help you keep track of your credit with its free credit monitoring service.
Showing that you can use your credit cards responsibly each month by making payments on time and in full can help build your credit score. You can track your credit and learn more tips about how you might be able to improve your credit score by using Credit Karma.
Bethy Hardeman, chief consumer advocate at Credit Karma, shares some free and low cost ways to continue education after college.
Credit Karma is the top finance app in Google Play.
Bethy Hardeman, chief consumer advocate at Credit Karma, dispels a common credit myth about maxing out credit cards.
Credit Karma found that over 90 percent of millennials in the U.S. already own a car or want to buy one.
Young people that are looking to boost their credit score should try using Credit Karma. Being able to see your credit reports and credit scores for free can help you make progress and track it.