Morning Express with Robin Meade
HLN Money Expert Clark Howard has tips for keeping track of your credit score.
HLN Money Expert Clark Howard has tips for keeping track of your credit score.
Credit Karma ranked 4th on the San Francisco Business Times list of Fasting Growing Bay Area Companies.
Good Intentions Gone Bad. Society puts a high value on the two objectives - education and home ownership. "A college education is a path to life success just like home ownership is a path to financial stability. In reality, some people aren't suited for it," says Ken Lin, founder and CEO of educational website, CreditKarma.com.
Experts we've talked to including Bethy Hardeman with CreditKarma.com say the age of the prepaid debit card has finally arrived
As the holiday marketing machine cranks into gear, more of us will start contemplating the upcoming season’s spending and our credit limits. “Most credit card companies will automatically review your credit after about six months or so of card membership,” says Ken Lin, CEO of CreditKarma.com.
San Francisco-based Credit Karma believes consumers shouldn't have to pay for their own credit scores, "We're a completely free site that allows consumers to track and monitor their credit all online and all for free," said Credit Karma CEO Kenneth Lin.
Closing a card can help your score if you have too much credit available. To see if this is the case for you, you can see the effect of closing a card and other actions on your score at sites like Credit Karma.
According to the Consumer Financial Bureau more than 3.5 million card members, were sold payment protection, credit tracking and identity theft services without its their consent. Credit Karma gives tips to avoid a similar headache and how to safeguard your wallet.
American consumers rarely have been such a bad bet. With unemployment up and salaries down, credit worthiness has plummeted. Nearly half of American households have credit ratings that are high risk, according to Credit Karma, and the average credit score has dropped more than 20 points in the past three years.
If you’ve got a good or improving credit history now is the time to scout out lower-interest credit cards that could save you hundreds of dollars annually. “It’s a buyer’s market for credit-card consumers now,” said Ken Lin, chief executive of CreditKarma.com, which develops free credit tools for consumers.