Intuit Credit Karma
Credit card debt among consumers with at least one account dropped 15% nationally in February to $7,168, with every state lowering its credit card debt, according to CreditKarma.com, a San Francisco-based company that tracks credit scores and household debt.
Hawaii residents reduced their credit card debt by $590 on average in February, according to consumer credit advocate CreditKarma.com.
CreditKarma in San Francisco, which tracks such things, said nationwide average credit scores are down four points from a year ago. A lower credit score is worse.
The credit scores of Florida consumers fell in February, according to CreditKarma.com.
While visiting Credit Karma today to renew my score I noticed my score had gone down.
According to Ken Lin, CEO of Credit Karma.com, if you are disputing a specific merchant charge, most credit card companies will exclude that item from payment until the issue is resolved.
Ken Lin, CEO of Credit Karma, says, "Credit repair scams operate on loaded taglines designed to lure desperate, poor credit consumers."
"New fees have emerged as a way to make up revenue, including foreign transaction fees, inactivity fees and minimum finance charges," says Ken Lin, CEO of Credit Karma, which offers free credit scores.
You can get free scores, including your VantageScore, based on the data in your TransUnion file, at CreditKarma.com.
If old late payments are putting a dent in your score, you may be able to persuade creditors to remove them from your credit history, according to Ken Lin of the personal finance site CreditKarma.com.