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Credit Karma is an American multinational personal finance company founded in 2007. It has been a brand of Intuit since December 2020. [3] It is best known as a free credit and financial management platform, but its features also include monitoring of unclaimed property databases and a tool to identify and dispute credit report errors. [4]
Lin has said the inspiration for Credit Karma began in 2006 when he was discouraged by the cost of obtaining his credit score and sought to create an alternative. [3] Credit Karma was established to provide free credit scores and proved to be a hit, growing (according to the company) to over 85 million users by 2020. [4]
Intuit's products include the tax preparation application TurboTax, the small business accounting program QuickBooks, the credit monitoring and personal accounting service Credit Karma, [2] and email marketing platform Mailchimp. [3] As of 2019, more than 95% of its revenues and earnings come from its activities within the United States. [4]
According to data published by Intuit Credit Karma, credit card debt for young Americans has grown at a faster pace than other generations. As of March 1, 2024, average credit card balances for ...
Intuit wants to manage more of your financial data. The TurboTax developer has bought Credit Karma, best known for helping people track and control their credit, for $7.1 billion in cash and stock.
The commission filed a complaint against the credit services provider last year, accusing Credit Karma of tricking users into applying for credit cards they did not qualify for, McClatchy News ...
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