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Free credit scores are so seven years ago. Credit Karma, an educational site for consumers that makes money from sending customer leads to lenders, is now publishing free full credit reports on a more frequent basis. The idea is to better educate borrowers who are in the market for credit while collecting better leads for its bank partners.
July 30 -
Credit Karma and Fandango have settled charges with the Federal Trade Commission that their mobile applications inadequately protected consumers' payments and other personal data.
August 19 -
Credit Sesame and Credit Karma were among the first companies to offer credit scores at no charge. Now they're looking to do the same with products that credit card issuers have traditionally sold.
April 29
Credit Karma has begun offering on-demand access to credit reports from Equifax.
San Francisco-based Credit Karma currently offers free credit reports from
"Historically, getting your credit scores or reports from more than one bureau for free on more than an annual basis can be complicated, yet access to this information is critical for consumers" said Ken Lin, Credit Karma's chief executive, in the release.
Credit Karma has 30 million users, according to the release.
