Action News at 4pm
Credit Karma's credit card data is mentions in a news broadcast.
Is Kwedit a wacky idea?
Credit Karma points out another pitfall: "... the lack of real accountability to pay back these virtual loans glosses over the pitfalls of the actual credit world."
Credit card users can learn to use the system
To avoid having your account closed, use all of your credit cards occasionally, says Kenneth Lin, chief executive of Credit Karma, a website that provides free credit profiles. Even small purchases, such as a tank of gas once a month, will make you a more valued customer in the eyes of the card company, he says.
Lower credit scores cost New Yorkers $1,400 a year
If your score is declining, you have many fewer options than a few years ago," said Credit Karma's CEO, Ken Lin. "You might not get financing and where you do it's much more expensive.
Hawaii credit card debt down
Credit card debt in Hawaii fell slightly by 2.7 percent to $9,579 per person in February, down from $9,845 in January. That's according to a report released Wednesday by Credit Karma Inc., a San Francisco-based credit reporting firm.
Bank of America kills overdraft fees
"It would have been nice to see banks do this on their own accord without the prodding of regulators," said Ken Lin, chief executive of Credit Karma (on Bank of America ending overdraft fees).
Today’s Money 911
The Today Show mentions Credit Karma in a news broadcast.
A Review: Credit Karma
I would recommend Credit Karma to anyone who is a first-timer when reviewing their own personal credit information.
How to cope with new fees, rule changes on credit cards
To avoid having your account closed, use all of your credit cards occasionally, says Kenneth Lin, chief executive of Credit Karma, a website that provides free credit profiles. Even small purchases, such as a tank of gas once a month, will make you a more valued customer in the eyes of the card company, he says.
Four Important Personal Finance Tools
Get your free credit report from CreditKarma.com and find ways to save money on credit cards, loans, mortgages and more. Completely free.