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Credit Karma Raises $30M to Help Flustered Consumers Track Their Credit Scores

Credit Karma Raises $30M to Help Flustered Consumers Track Their Credit Scores

Venture Beat, 2013-04-02

By some estimates, nearly half of Americans don't know their credit scores -- and even fewer people would understand them even if they took the time to check. Financial advice service Credit Karma offers a pretty simple fix for the issue: Instead of charging people $10 or so per month to monitor their scores, Credit Karma offers the service for free, supplementing it with tools for tracking other financial information like bank accounts, bills, mortgages and loans. (And paying for all of it with targeted advertisements.)

Credit Karma raises $30M for personal finance tools. The site gives users a more complete picture of their credit.

Credit Karma raises $30M for personal finance tools. The site gives users a more complete picture of their credit.

Vatornews, 2013-04-02

Personal finance services became all the rage at the peak of the recession. It's one of those things that gives the illusion of being in control of your finances. Like how you eat a salad with dinner and tell yourself it's practically the same thing as doing cardio. One personal finance startup that landed its first round of funding during the recession--Credit Karma--announced Tuesday that it has raised a $30 million Series B round led by Ribbit Capital and Susquehanna Growth Equity, with help from existing investor Felicis Ventures. The new round brings Credit Karma's total raised to $33.5 million.

Credit Karma raises $30M in funding

Credit Karma raises $30M in funding

Silicon Valley Business Journal, 2013-04-02

Consumer financial startup Credit Karma said on Tuesday it has raised $30 million in Series B funds to help it expand. The San Francisco company led by CEO Ken Lin said the round was led by Palo Alto-based Ribbit Capital, a venture firm focused on the financial services industry, and Susquehanna Growth Equity with participation from existing investor Palo Alto-based Felicis Ventures.

How to Improve Your Credit Score. Each Person Has a Score. Make it a Good One.

How to Improve Your Credit Score. Each Person Has a Score. Make it a Good One.

Yahoo Voices, 2013-03-25

If you are a stay-at-home mom, or a stay-at-home dad for that matter, you may think your credit score is inseparable from your working spouse's credit. Not so! Everyone has his or her own score. As a Financial Advisor I urge each and every person to work diligently to improve your individual credit score. Your credit score is one of your most important possessions.

Credit Scores: Why Aren't They Free?

Credit Scores: Why Aren't They Free?

The Wall Street Journal, 2013-03-22

In one of the more frustrating headaches in financial disclosure, you generally must pay to see your credit score--the three-digit grade that predicts how risky you are as a borrower. But there are some sites who do give you your score for free.

Credit Karma for Android

Credit Karma for Android

Lifehacker, 2013-03-18

We've mentioned Credit Karma's free credit monitoring services and free monthly credit scores in the past, but now you can get all of their free financial services on the go, thanks to their new Android app.

Credit Card Debt Drops 11%

Credit Card Debt Drops 11%

CNNMoney, 2013-01-17

Consumers whacked down credit card debt last year, and average debt loads dropped in every state.The decline came as weak consumer confidence kept spending in check and banks continued to tighten their lending and slash credit limits for many existing customers, said Ken Lin, CEO of Credit Karma.

Money Fix: Financial New Year's Resolutions

Money Fix: Financial New Year's Resolutions

Newsday, 2012-12-20

Many consumers are considering financial resolutions in 2013. Most vow to save more, spend less and pay off debt. What's on your list? Better still, what should be on it?

Five Ways To Improve Your Credit Score

Five Ways To Improve Your Credit Score

Examiner.com, 2012-12-20

What is your credit score? It's a simple question, but almost half of all Americans don't know their credit score. In addition to not knowing their credit score, most Americans do not know how their credit score is calculated, or what factors affect their scores.

College Loans Up in S. Fla with Some Struggling to Pay

College Loans Up in S. Fla with Some Struggling to Pay

South Florida Sun-Sentinel, 2012-11-26

Florida Governor Rick Scott called on administrators in the Florida College System to help make college affordable by sponsoring degree programs that cost $10,000 or less. But for those already with hefty student loans, South Florida's income drop has made it harder for many with student loans to pay them back, said Amy Leone, the public relations coordinator for Credit Karma, the consumer website that surveyed average college loan balances across the nation

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Content in Credit Karma articles is for entertainment and information purposes only. The opinions expressed in the articles are those of the authors themselves, and not necessarily Credit Karma or its affiliates. However, Credit Karma may be compensated by companies mentioned in Credit Karma articles through advertising, affiliate programs or otherwise. It is this compensation that enables Credit Karma to provide its members with services like free access to your credit scores and free monitoring of credit and financial accounts at no charge.