Posts Tagged ‘Credit Karma’

Business Profile – Credit Karma

Wednesday, October 27th, 2010

In a recent post on TechCrunch there was a reference to a firm called Credit Karma. Always interested in web services and credit monitoring services, I checked it out.

Credit Karma is a free service that lets you monitor your credit, learn how to improve your credit, and find personalized recommendations for saving money. According to their website, Credit Karma believes that access to a consumer’s credit score is a fundamental right, and therefore does not charge for access.

“Credit Karma is a completely free pro-consumer service dedicated to demystifying the credit landscape. With our credit simulators, free credit scores, credit advice, and credit score comparisons, our goal is to empower consumers to more actively manage their credit and their financial health.”
Credit Karma.

Benefits of using Credit Karma include:

  • Access to your FREE Credit Score anytime
  • Exclusive savings based on your score
  • Tools to track your credit score
  • Valuable credit and finance content
  • Calculate and research to find best rates

Having paid for similar services in the past, I signed up for an account. I was able to do everything on Credit Karma for free that I’ve been paying for elsewhere. The site even pointed me toward an auto loan refinancing firm with better rates than what I am currently paying. This site has proven quite useful so far.

If you are interested in building or maintaining your credit, Credit Karma should be included in your toolbox. With no fees, you can check it as often as you want. The site provides a soft inquiry on your credit report, so you won’t damage your credit by using the service. I am pretty happy with what I’ve seen so far, and encourage you to check it out.

Note: This post was made without compensation of any kind. This is an honest evaluation of a valuable service.