Credit Karma Launches The First Truly Free Credit Monitoring iPhone App

Allows Users to Keep Track of Their Credit While On-the-Go

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July 18, 2012

San Francisco, Calif. -

CreditKarma.com, (www.creditkarma.com) the consumer's credit advocate, today released its free iPhone App, Credit Karma Mobile. The app provides US consumers with the first and only way to get a free credit score and free credit monitoring on-the-go. Consumers who download the app can quickly register for free in minutes.

In addition to receiving a free credit score, Credit Karma Mobile users may also register for free credit monitoring and receive notifications when certain events are reported in their credit report. This service is unique to CreditKarma.com and has never been offered before in an app. Credit monitoring services help consumers monitor and identify possible fraud. According to the Bureau of Justice Statistics an estimated 8.6 million households had at least one person in their family who was a victim of identity theft in 2010.

"We believe free access to one's credit score is a fundamental consumer right. Our iPhone app takes that belief one step further, allowing consumers to access their credit score at any time, no matter where they are. We think these are important free features in an environment of increased reliance on credit and possible identity theft," said Ken Lin, founder and CEO of CreditKarma.com.

Credit Karma Mobile gives users the ability to access their credit profile directly on their iPhones and provides access to:

  • Free on-the-go credit monitoring

  • Truly free credit scores
  • Notifications when certain events are recorded in your credit report.
  • Credit Report Card, which tells you about factors influencing your credit score
  • Free membership – no paid subscriptions or credit cards required
The CreditKarma.com iPhone app is available for free in the Apple App Store

About CreditKarma.com

CreditKarma.com provides more than 7 million consumers with free credit scores and access to free credit monitoring to help them realize the everyday cost savings of having good credit by offering personalized savings recommendations for credit cards, student, auto, mortgage and home equity loans. It also provides financial education and access to free tools that empower consumers to take charge of their financial health including the Credit Report Card, Credit Score Simulator and Credit Card Statistics. To learn more, visit www.creditkarma.com.