Intuit Credit Karma
Trying to improve your credit can seem impossible when lenders are fearful and you're strapped for excess cash. But don't give up hope. "Focus on where you are right now and do what you can with what you have," said Justine Rivero, a credit advisor with Creditkarma.com.
New Yorkers are losing their appetite for credit card debt faster than the rest of the country. That’s according to the latest report from CreditKarma.com, which says declining card debt is part of a nationwide trend.
Based on data compiled by Credit Karma, there is a correlation between age and average credit scores, with scores rising along with age.
Consumers who are struggling to manage debt and have impaired credit histories likely won't be able to tap these offers. In fact, applying for one without the right credit profile could even hurt your credit score -- you get dinged when you're declined for a new card. (One tool for finding a good match between your credit score and available card offers is with the card statistics search engine at CreditKarma.com.)
Many Americans may be unaware that their social media conversations and posts are providing banks and lenders with a treasure trove of information. In fact, a growing number of banks and lenders are currently building a data repository – collecting, storing and analyzing data – in the hopes that one day it could help them determine your potential credit risk and also tailor marketing directly to you.
“There’s a tipping point where annual fees make sense,” Ken Lin, CEO of CreditKarma.com, says. He explains that credit card issuers typically profit through interchange fees charged to merchants or through the annual percentage rates (APRs) of interest applied to balances.
You fill out a credit card application, but how certain are you that you’ll be approved for a new card? A new online tool from CreditKarma.com aims to take the guesswork out of that process.
There’s a certain mystery about applying for a credit card: Is your credit score good enough for the best card and rate? Just how much credit might you get if you are approved? With a new tool from CreditKarma.com, you can use information from a long list of credit card companies to find the best card for you, and figure out the one that you’re most likely to get approved for.
Credit card companies know where you shop, how much you spend on average and your credit history. But what do you really know about them? CreditKarma.com's new Credit Card Statistics tool, which launched Wednesday, is the latest online widget to pull back the curtain on those lenders.
Identity theft is a crime that offers a big payout with little risk of being caught. Inherent with the Internet Age, identity theft can be perpetrated virtually anywhere on Earth, and those that are victimized can be living on the opposite side of the globe from the perpetrator.