Credit Karma is an online platform that provides free access to credit scores, financial tools, and resources to help individuals manage and improve their financial health. Founded in 2007, Credit Karma’s mission is to make financial services more accessible and transparent for consumers. The platform allows users to view their credit scores from major credit bureaus, track credit report changes, and receive personalized recommendations for credit cards, loans, and other financial products based on their financial profile.
In addition to credit monitoring, Credit Karma offers a variety of tools designed to help users improve their financial well-being. These tools include credit score simulators, which allow users to see how different financial actions could impact their credit score, as well as budgeting features and tax filing services. Credit Karma also provides educational resources to help users understand their credit reports, the factors that impact their scores, and how to build and maintain good credit.
The online store aspect of Credit Karma focuses on recommending financial products such as credit cards, personal loans, and auto loans, helping users find the best options with competitive rates and benefits. By offering these services for free, Credit Karma aims to empower users to take control of their financial future and make informed decisions.