May 13, 2009

Recession Begins to Take a Toll On Consumer Credit Scores

Credit Karma (www.creditkarma.com), a pro-consumer credit score tracking and management service, today released its U.S. Credit Score Climate Report with trend data for April 2009. During the January 2009 to April 2009 time period, Credit Karma saw an increase in credit scores across all geographies; however, the percent of credit scores rising has tapered off and the percentage of credit scores decreasing is rising. 41% of consumer credit scores have gone up, 29% have gone down, and 30% remained the same. The current average U.S. consumer credit score is 677.

Apr 15, 2009

Credit Scores Rise In All Geographies And Most Age Groups During March

Credit Karma (www.creditkarma.com), a pro-consumer credit score tracking and management service, today released its U.S. Credit Score Climate Report with trend data for March 2009. During the December 2008 to March 2009 time period, Credit Karma saw an increase in credit scores across all geographies and most age groups. 43% of consumer credit scores have gone up, 27% have gone down, and 30% remained the same. Of the scores that increased, the average credit score rose 14 points during the time period. Of the scores that decreased, the average credit score dropped 14 points. The current average U.S. consumer credit score is 678.

Mar 18, 2009

Credit Scores Rise In All Geographies And Most Age Groups During February

Credit Karma (www.creditkarma.com), a pro-consumer credit score tracking and management service, today released its U.S. Credit Score Climate Report with trend data for February 2009. During the November 2008 to February 2009 time period, Credit Karma saw an increase in credit scores across all geographies and age groups. 39% of consumer credit scores have gone up, 29% have gone down, and 32% remained the same. Of the scores that increased, the average credit score rose 14 points during the time period. Of the scores that decreased, the average credit score dropped 14 points.

Dec 15, 2008

Ten Tips for Boosting Your Credit Score in 2009

As 2008 draws to a close, consumers remain concerned about how larger economic issues are affecting them. Many are turning to their credit score as a barometer of their financial health because they understand that a higher score can save them thousands of dollars in credit card and loan interest.

Nov 12, 2008

Credit Expert Provides Tips for a Very Merry Credit Christmas

With the holiday shopping season fast approaching but the economy still stuck in neutral, many consumers are struggling with how to pay for items on their holiday shopping list. Credit Karma today shared tips for those considering credit cards or retail credit offers as an answer to tightening budgets.