Credit Karma reviews: Free Credit and Financial Management Platform
A perfect financial planning can help you to survive easily in your financial crisis. Let’s check Creditkarma.com reviews as truly free credit score and free credit report provider. There are many companies in the market provide advisory services for your financial planning. However they charge accordingly but it is very important to choose a right advisory company for your financial planning. There are various financial services we use as per our requirements. Services that include Credit Cards, Auto Loans, Home Loans, Personal Loans, Auto Insurance, Life Insurance, Banking, Home Equity, Credit Unions etc. With all mentioned services and products, we involved financially. So it is better to plan properly before investing in these products and services.
There is a private company named Credit Karma Inc that provides a free credit and financial management platform to United States consumers. It is available on the web as well as on major mobile platforms. Credit Karma is one of the favorite sites for getting a truly free credit score and free credit reports as well. It was founded in 2007. It was launched by Kenneth Lin. Credit Scores, Credit Reports and Credit Monitoring is the main products offer by the company.
To understand the credit is the first step toward building a financial future. That is what Credit Karma is there and offer free credit scores, reports and monitoring, along with handy financial tools, to help you make sense of your credit. It provides free weekly updated credit scores and credit reports from the national credit bureaus like TransUnion, Equifax. Also provides daily credit monitoring from TransUnion. Currently Credit Karma has over 35 million members. And to serve the best financial management services, more than 250 employees are working with Credit Karma.
With Credit Karma you will get a new way to track your credit score. For the first time you can get a truly free credit score and credit report with no hidden costs. You can gain access to attractive offers from companies based on your credit score.
It is common belief that any action a person takes either positive or negative, will have predictable equal effect in the future. Whatever you do right or wrong, it will affect your future same way. Especially when it is related to any financial decision, matters a lot as you cannot take any chance with your future in terms of money.
Karma is shows what you do. Same way Credit Karma is an index of your credit history. It is kind of an expression of this concept. It helps people to stay aware of their credit information.
If you are a United States citizen and choose Credit Karma for financial management then the services start with a free credit score and credit report. Yes, it is true that no credit card is required and no strings are attached as Credit Karma believes in fundamental rights of consumers. With Credit Karma provides service to track your credit file and stay informed. In addition to providing free credit information, it also protects your privacy. At Credit Karma, they treat your data as if it were our own.
Now let’s see in detail about the entire three powerful tools offer by them. They are,
- Credit Score:
This is possibly the most useful feature on Credit Karma. You get to reproduce how taking certain actions (i.e. closing a credit card, opening a new one, increasing your credit line, etc.) would likely impact your score.
- Credit Report:
This is definitely a nice feature. You get to see a rating on each of the factors that go into making up your credit report: credit utilization rate, payment history, age of accounts, derogatory remarks, total accounts, and credit inquiries.
- Credit Monitoring:
Credit Karma has now even started offering free credit monitoring in addition to their other free services.
There are different types of Credit Cards used by consumers. CreditKarma.com believes that you should research a product thoroughly before applying. Each month, the company analyzes over 5,000,000 credit card accounts to find out more about the average cardholder for each credit card. Their members have written thousands of reviews on financial products and providers to help you to select the right product. At Credit Karma, you can view thousands of neutral reviews submitted by the members.
Here below are some the reviews submitted by Credit Karma Members. Please take a look below for the same.