Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Karma
Profile Image

Question By
Mukke

0 Contributions
0 People Helped
Why does CreditKarma always recommend getting new credit cards?
With utilization < 5%, AAoA < 1y, >5 inquiiries in 6 month, 4 new accounts in 6 months, and obviously a declining credit score as a result, why are the recommendations from Credit Karma still to open more cards?

CK should be smart enough to instead make a recommendation like "We see you have opened several new lines of credit recently and recommend not taking out additional credit for the time being."

I understand you make money from people signing up for credit cards, so you could still have this followed by ".. but if you still feel you need to open another credit card, consider these cards..."

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
935 Contributions
134 People Helped

Helpful to 0 out of 1 people

That is a nice suggestion for CK, just as it would be nice not to make offers for cards one already has in their porfolio and both could easily be done with some additional programming.   In the meantime, you should read your statement to yourself as you read the advertisements.   Also, you can use the preferences to opt out of any offers for credit from CK.    The site is free based on the advertising they put before you.  Thus, the programming only looks to your score in which to make recommendations.  

Top Contributor
7377 Contributions
3814 People Helped

It's your choice!

Helpful to 0 out of 2 people

If you buy everything you get an advertisement for, you're in trouble.  Just because you receive an offer from Credit Karma or anywhere else, only you can decide if you want to accept the offer or disregard them (as I do).  What I receive in the mail often goes through the shredder.

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.