What is Credit Karma?

Updated: May 16, 2019

Credit Karma allows people to access their credit report at any time, for free. Users can monitor, review and dispute Transunion and Equifax credit reports. Credit Karma updates credit reports weekly, ensuring the most up-to-date information is on your credit report. Credit Karma also provides users with suggestions and offers to improve credit scores.

Get Your Scores and Reports on Credit Karma

Credit Karma is quite simple – login and view your credit report. It’s free. Yes, it’s free and really does work. You can view your credit report in detail, allowing to you verify that the information on your report is correct.

Monitoring your credit score and report will help you keep that score up! Quick access to your score and report may have you think twice before making a rash credit decision. Credit Karma alerts you when a payment is late, helping you to stay on top of billing schedules.

Credit Karma also lets you know which aspects of your credit report hold the most weight – how bad is a hard inquiry? Does one late payment impact your score?

Dispute and Manage your Credit Reports on Credit Karma

One of the biggest advantages to having around-the-clock access to your credit report is being able to spot discrepancies on your credit report. If you find an error on your credit report, Credit Karma assists you in disputing the error directly with creditors. A dispute typically takes up to 30 days.

Being able to monitor your credit report can prove helpful in innumerable ways. Spot suspicious activity that might be identity theft. Identity theft is extremely prevalent today, with the aid if technology.

Often, old debts are not removed from your credit report when they are supposed to be (7 years). These negative accounts or remarks continue to weigh down your credit score. Using Credit Karma’s dispute feature can also have questionable and outdated information removed from your credit report.

Receive Credit Karma recommendations

Credit Karma makes suggestions according to the current state of your credit score and credit report. This includes bank and lending offers, as well as credit cards. For example, if you are working on increasing your credit score, Credit Karma may suggest several Secured Credit Cards to help you build your credit, faster.

Credit Karma receives payment from referring services that users choose to pursue, so there still is no cost to you. For example, if you choose to sign-up for a credit card that Credit Karma suggests, the credit card company will pay Credit Karma for the referral. This is applicable for banks and lenders.

Other Credit Karma Services:

Loans – Find help with obtaining a home, personal, auto, student or business loan.

Auto – Get a new loan or refinance an existing one, get auto Insurance.

Tax – File your own taxes with Credit Karma, entirely free!

Credit Cards – Credit Karma allows you to easily browse through credit card offers, using filters, such as: Rewards, cashback, Airline Miles, low interest, balance transfer and so much more.


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