Apr 2, 2013

Credit Karma Secures $30 Million In Series B Funding

Credit Karma, the consumer's financial advocate, today announced it has raised $30 million in Series B financing. Ribbit Capital, a venture capital firm focused on the financial services industry, and Susquehanna Growth Equity, a private equity affiliate of Susquehanna International Group, LLP, led the investment, with participation from existing investor Felicis Ventures.

Jul 18, 2012

Credit Karma Launches The First Truly Free Credit Monitoring iPhone App

CreditKarma.com,(<a href="https://www.creditkarma.com/" target="_blank" rel="noopener noreferrer">www.creditkarma.com</a>) 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.

Jul 11, 2012

Credit Card Debt Drops Eight Percent Since January

CreditKarma.com (<a href="https://www.creditkarma.com/" target="_blank" rel="noopener noreferrer">www.creditkarma.com</a>), the consumer's credit advocate, today released its U.S. Credit Score Climate Report with trend data for June 2012. Nationally, credit card debt fell eight percent to $5,576 since the beginning of the year.

Jun 13, 2012

Student Loan Debt Falls From a Year Ago

CreditKarma.com (<a href="https://www.creditkarma.com/" target="_blank" rel="noopener noreferrer">www.creditkarma.com</a>), the consumer's credit advocate, today released its U.S. Credit Score Climate Report with trend data for May 2012. Nationally, credit card debt decreased slightly in May, down .2% to $5,637 from April 2012. Student loan debt is also down, falling 2% year-over-year to $29,088, with residents in Nevada ($26,456) and New Mexico ($25,332) boasting biggest decreases at 12% and 11% respectively.

May 16, 2012

Consumer Mortgage Debt Falls Three Percent Since April 2011

CreditKarma.com (<a href="https://www.creditkarma.com/" target="_blank" rel="noopener noreferrer">www.creditkarma.com</a>), the consumer's credit advocate, today released its U.S. Credit Score Climate Report with trend data for April 2012. Consumer credit card and mortgage spending slowed from a year ago, with the average credit card debt per consumer falling 13% to $5,650 and the average mortgage debt decreasing 3% to $166,631.

Apr 11, 2012

Student Loan Debt Up 12 Percent in First Quarter of the Year

CreditKarma.com (<a href="https://www.creditkarma.com/" target="_blank" rel="noopener noreferrer">www.creditkarma.com</a>), the consumer's credit advocate, today released its U.S. Credit Score Climate Report with trend data for March and Q1 2012. Credit card debt fell 11 percent nationally since December to $5,871.

Mar 14, 2012

Credit Card Debt Remains Stable

CreditKarma.com (<a href="https://www.creditkarma.com/" target="_blank" rel="noopener noreferrer">www.creditkarma.com</a>), the consumer's credit advocate, today released its U.S. Credit Score Climate Report with trend data for February 2012. Since January, credit card debt increased slightly to $6,105. Despite this increase, credit card debt is still down 15 percent year-over-year.

Jan 17, 2012

Consumers Pay Down Credit Card Debt By 11 Percent In 2011

Credit Karma (<a href="https://www.creditkarma.com">www.creditkarma.com</a>), the consumer's credit advocate, today released its U.S. Credit Score Climate Report with trend data for December 2011. Since December 2010, all 50 states have reduced their credit card debt with credit card debt falling 11 percent nationally to $6,576.

Jan 3, 2012

Creditkarma.com Unveils First Free Credit Monitoring Service

Credit Karma (<a href="https://www.creditkarma.com">www.creditkarma.com</a>), the consumer's credit advocate, today became the first company to offer free credit monitoring to all U.S. consumers. The new feature will monitor a consumer's credit file on a daily basis and alert the member when a significant change occurs.