Credit Karma
Provides free credit report and credit score service that helps you to understand your credit. It features easy access to your credit scores and reports, TransUnion credit monitoring, email alerts, identity theft protection, useful financial tools, and more. The service offers a high level of security, with 128-bit secure connection and certified privacy policies.
Top Credit Karma Alternatives
- Experian
- TransUnion
- Equifax
- Annual Credit Report
- myFICO
- Credit.com
- CreditScore.com
- CreditReport.com
- TrueCredit
- PrivacyGuard
Top Credit Karma Alternatives and Overview
Experian
Provides credit report and FICO score service for personal and business, with dedicated fraud resolution agents.
TransUnion
Provides credit report, credit score, and credit check service for personal, business, and small business.
Equifax
Provides credit report monitoring service that allows you to check your credit report and credit score ratings.
Annual Credit Report
Provides free credit report service that is authorized by the Federal law.
myFICO
Provides credit report service that allows you to get FICO scores and credit reports from all 3 bureaus.
Credit.com
Provides free credit score service that allows you to check your credit score without credit cards.
CreditScore.com
It features credit monitoring alerts, credit score tracker alerts, automatic email alerts, credit report accuracy...
CreditReport.com
It features unlimited access to your Experian report, credit monitoring, email alerts, and FICO scores...
TrueCredit
It features credit report from 3 bureaus, credit score, and credit monitoring...
PrivacyGuard
It features credit report and scores, daily credit monitoring, advanced identity theft protection, credit information...
Credit Karma Review and Overview
Credit karma is financial management, personal finance platform that allows you to know the best option to invest your credits. It is the principal function of the platform. Along with these, it performs a few more functions that help in managing your financial stability and security.
How does it work?
Let’s have a brief discussion on the working of the platform. You have your credit score on the platform. You need to maintain and manage it timely to stay updated and get accurate results. Depending upon the current credit score, the platform advises you to invest in some organizations. If you invest in that organization or buy the recommended product, you get a better investment and the company, a commission.
The credit reporting
There are three companies Equifax, Experian, and TransUnion, which are majorly into credit reporting. The credit karma generates the reports and relies on only two of them; Equifax and TransUnion. You do not need any credit cards. You merely need to sign up and log into a credit karma account. Thus, it is all free for the customers.
Other functions
Undoubtedly, the platform has a charitable kind of business model, but it also earns by other organizations and not the customers directly. The platform has other sources of income. It is also into tax preparation and monitoring of unclaimed property. The platform can help you in letting you know about the tax you need to pay, depending upon your information given. Also, it keeps an eye and manages the unclaimed property, generally in California.
Winding-up
This initiative by Kenneth Lin is indeed helpful for the people who are concerned about their financial health. Credit reporting was never this easy and, most importantly, free for the people. Credit karma is no less than a boon for financially concerned people all over the world.
Company Information
Company Name: Credit Karma, Inc.
Company Address: P.O. Box 520, San Francisco, CA, USA
Founded in: 2007
Top Features
- Free Credit Score
- Free Credit Reports
- Credit Monitoring
- Viewing Scores & Reports
- Tailored Credit Profile
- Credit & Fraud Alerts
- Easy-to-read Credit Reports
- Personalized Score Insights
- Spot Identity Theft
- Personalized Recommendations
- 128-bit Secured Encryption
- Certified Privacy Policies
- Calculators & Simulators
- Home Affordability Calculator
- Debt Repayment Calculator
- Amortization Calculator
- Financial Tools