Intuit Credit Karma
"Credit card company policies that drastically cut people's available credit over the past two years did their damage to credit scores as expected. Credit Karma, in its trend study, reported today that according to its June Credit Score Climate Report the current average U.S. consumer credit score was 674 in May."
"If you're wondering how your credit card debts and other borrowing loads stack up with the average consumer, check out these numbers compiled by Credit Karma, an online research and educational business."
"You've seen a lot of credit card companies already starting to raise their interest rates," said Ken Lin, founder and CEO of Credit Karma, a provider of credit reports and scores. "With default rates over 10 percent, credit card companies are trying to get ahead of the curve before the Credit Card Act takes effect."
Monitor your credit. CreditKarma lets you see your credit scores for free. It also does credit score modeling so you can see how a planned financial action might raise or lower your score.
More than 10 million people were victims of identity theft last year. As a result, privacy experts suggest checking your credit report every few months. A new web site called Credit Karma is a good place to start to help keep your identity safe.
Well, now that the economical crisis is taking effect, many people have started to give their financial status more attention; starting from regulating purchases, to investment decisions and scholar funds, and maybe that is why financial websites such as Mint and Credit Karma are expected to flourish during this period.
Credit scores used to be a tightly controlled secret. But the new democratization of credit scores means shame on you if you don't know what's going on with your credit and your credit score.
The latest that I've just started using is Credit Karma, which allows people to check their credit score for free -- and as often as they like. I have to think that this is going to really irritate some of the other organizations out there that make you pay to see your credit score.
Unlike other credit score sites that charge users or limit the number of times a year they can check their credit score, Credit Karma lets people check their scores as much as they want, free. Users can track their scores over time and talk with others about how to improve them.
Paying attention to your credit rating can save big bucks on loans and determine whether you receive a loan at all. The most fundamental task is to go to the free site AnnualCreditReport.com and check your credit reports for errors.