More debt may be sign of optimism
Auto, mortgage and student loan balances all increased over the year among Nebraska clients of CreditKarma.com, a nonprofit group that provides credit information and counseling.
Auto, mortgage and student loan balances all increased over the year among Nebraska clients of CreditKarma.com, a nonprofit group that provides credit information and counseling.
According to Credit Karma Inc., a provider of credit research and related services, Massachusetts' average consumer credit score was 685 in January, versus 686 a month earlier and 688 in January 2010.
You can also use a site like www.creditkarma.com to get your free credit score and see how various actions like paying down debt or closing an account would affect it.
Average mortgages, credit card balances and car loans in the District are higher than the national average, according to data compiled by CreditKarma.com.
"Older consumers definitely have better credit scores," says Ken Lin, CEO of CreditKarma, a consumer website that allows consumers to track their creditworthiness.
I'm going to walk you through one of my favorite credit simulators, the one at CreditKarma.
According to research done by CreditKarma.com, credit card debt amongst consumers decreased by 8% nationally to $7,404.
Today Show mentions Credit Karma in their segment, Money 911
This year, we caught up with Credit Karma for an update on the newest advice to fit current trends.
With the recession over and the uncertainty about the Card Act behind us, "credit card companies are coming out swinging with regards to their marketing efforts," says Ken Lin, CEO of Credit Karma.