In March, Google Capital gave Credit Karma $85 million to roll out some new products. Now we’re seeing the fruits of its labor. This morning Credit Karma will start offering full free credit report…
Very interesting credit industry news:
I am sure everyone has seen the commercials advertising Credit Karma. As a credit consultant I have criticized Credit Karma ever since they launched because they only provided scores, but no reports, and their business model was to up-sale their customers with various banking and financial products that are not always beneficial or useful to people whose goal is to repair and improve their credit and debt standing. (I wrote a blog post on it at upgrademycredit.com)
However, today, Credit Karma will start offering free credit reports from all three bureaus. They will STILL try to up-sell to non-paying members, and keep pushing their paid member service, which will be, like most other services out there, ad-free.
I still don’t recommend Credit Karma to my clients, but admittedly, it is a move in a better direction.
Contact us: UpgradeMyCredit.com 817-886-0302