Credit Crystal Ball?
What does 2010 hold? Ken Lin, CEO of Credit Karma offers insights and predictions.
What does 2010 hold? Ken Lin, CEO of Credit Karma offers insights and predictions.
"As we look to 2010, creditors will be competing for the best customers as the economy improves. We should see new features and more competitive pricing for excellent credit consumers," Credit Karma's Lin said.
"Many consumers delayed purchases in 2009," said (Credit Karma CEO) Kenneth Lin. "Many want good news, and I think with consumer confidence on the way up, 2010 will show increasing consumer spending and less saving."
The site derives your credit score from one of the major credit agencies which allows you to see how a lender may view your creditworthiness... Along with the other free tools provided, this is a great site!!
"If you are able to improve your credit score from good to excellent, you open up a world of options," said Kenneth Lin, chief executive and founder of CreditKarma.com.
Be sure to check out these credit card reviews at Credit Karma.
...Then go to CreditKarma.com and check your credit score for free.
"If you are able to improve your credit score from good to excellent, you open up a world of options," said Kenneth Lin, chief executive and founder of CreditKarma.com.
According to CreditKarma.com's November U.S. Consumer Credit Score Climate Report, among those who have credit cards, the average balance increased 4% from October and has risen 14% since June.
You can update your score as often as you want. If you're working to raise your score, this will help you gauge your progress. Credit Karma CEO Ken Lin recommends checking for updates once a month.