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Credit Karma is an American multinational personal finance company founded in 2007. It has been a brand of Intuit since December 2020. [3] It is best known as a free credit and financial management platform, but its features also include monitoring of unclaimed property databases and a tool to identify and dispute credit report errors. [4]
Credit Karma was established to provide free credit scores and proved to be a hit, growing (according to the company) to over 85 million users by 2020. [4] Lin has sought to expand the offerings of the website by including analytical tools and calculators, credit monitoring, education videos, and other tools. [5]
Intuit's products include the tax preparation application TurboTax, the small business accounting program QuickBooks, the credit monitoring and personal accounting service Credit Karma, [2] and email marketing platform Mailchimp. [3] As of 2019, more than 95% of its revenues and earnings come from its activities within the United States. [4]
This story was updated to add new information. More than 50,000 Credit Karma customers will soon receive checks or PayPal payments as part of a $2.5 million Federal Trade Commission payout.
Credit Karma customers who were deceived by the credit service's company's alleged false "pre-approved" offers will get $2.5 million from the Federal Trade Commission (FTC).
Credit Karma also gives you tools for protecting your credit so you can maintain your score. Also: 11 Uncommon Investments That Can Actually Make You A Lot of Money. 2. Experian Boost.
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