Intuit Credit Karma
For those with no credit, like the graduating college student, CreditKarma is teaching traditionally hard-to-reach people how to begin the process of building credit. They then offer tools that show them -- based on real data -- how they can save dollars on big-ticket items.
Credit Karma's credit card data is mentions in a news broadcast.
Credit Karma points out another pitfall: "... the lack of real accountability to pay back these virtual loans glosses over the pitfalls of the actual credit world."
To avoid having your account closed, use all of your credit cards occasionally, says Kenneth Lin, chief executive of Credit Karma, a website that provides free credit profiles. Even small purchases, such as a tank of gas once a month, will make you a more valued customer in the eyes of the card company, he says.
If your score is declining, you have many fewer options than a few years ago," said Credit Karma's CEO, Ken Lin. "You might not get financing and where you do it's much more expensive.
Credit card debt in Hawaii fell slightly by 2.7 percent to $9,579 per person in February, down from $9,845 in January. That's according to a report released Wednesday by Credit Karma Inc., a San Francisco-based credit reporting firm.
"It would have been nice to see banks do this on their own accord without the prodding of regulators," said Ken Lin, chief executive of Credit Karma (on Bank of America ending overdraft fees).
The Today Show mentions Credit Karma in a news broadcast.
I would recommend Credit Karma to anyone who is a first-timer when reviewing their own personal credit information.
To avoid having your account closed, use all of your credit cards occasionally, says Kenneth Lin, chief executive of Credit Karma, a website that provides free credit profiles. Even small purchases, such as a tank of gas once a month, will make you a more valued customer in the eyes of the card company, he says.