Busting 4 credit score myths
Normally, when you check your credit report for free, you don't get your score. You usually have to pay for it, unless you use a service like Credit Karma.
Consumer Credit Scores Drop Two Points Since January 2010
In its report this week, CreditKarma says consumers in six metropolitan statistical areas had a credit score decrease greater than the national average, including Chicago, Houston and Seattle, down three points; New York, down four points; and Los Angeles and Philadelphia, down five points.
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.
Mortgage balances on the rise in Boston
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.
Ugly Truths about the Recession and How to Deal with Them
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.
Banks are promoting credit cards again
Average mortgages, credit card balances and car loans in the District are higher than the national average, according to data compiled by CreditKarma.com.
D.C. residents have more debt
"Older consumers definitely have better credit scores," says Ken Lin, CEO of CreditKarma, a consumer website that allows consumers to track their creditworthiness.
How Do Credit Simulators Work?
I'm going to walk you through one of my favorite credit simulators, the one at CreditKarma.
Credit Scores Fall In Spite of Decline in Credit Card Debt
According to research done by CreditKarma.com, credit card debt amongst consumers decreased by 8% nationally to $7,404.
Money 911
Today Show mentions Credit Karma in their segment, Money 911