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WHAT IS CREDIT KARMA APP? Credit Karma has more than 60 million members. Not a bad for a service that gave its first free credit score in 2008! The site is successful mainly because membership is free. Members receive 2 free credit ratings, weekly reports, ongoing credit monitoring and the tools to make informed credit decisions. Their application is also free. Credit Karma is a complete online platform. So, everything happens on Credit Karma. This is where you sign up as a member to access your credit notes and reports, which you can print or save as a PDF. Members can also register bank accounts and credit card accounts for a complete financial picture. And you can access your account online or via a mobile application for iPhone or Android. Credit Karma offers TransUnion and Equifax Vantage 3.0 scores. Vantage is a collaboration of the three major credit bureaus, including Experian. The scores are updated once a week. In addition, members can sign up to receive credit tracking alerts. They are informed each time their score changes. Credit Karma offers full credit reports from TransUnion and Equifax, updated weekly. HOW DOES KARMA CREDIT WORK? Unlike other sites, you never need to enter your credit card information, so you do not have to worry about hidden fees, fees, or trial periods that end suddenly. How does Credit Karma earn money? They make money by offering their members business promotions. For example, if you apply for one of the "personalized credit card offers" suggested by your link, Credit Karma will receive a bribe from that company. Although you can easily remove emails from your registration, you will still receive offers when you visit the website. FEATURES OF KARMA CREDIT APP 1. Credit Card Reviews and Offers Credit Karma scans more than 5,000,000 credit cards each month to find the average cardholder. You can find this information as well as reviews of credit cards and lenders by members. As a member, you will receive offers matching the best credit card offers based on your profile. You can add your own comments, compare the terms of your credit card or apply for a credit card. You can even search the site for professional credit cards. 2. Personal loan offers Do you want to consolidate or refinance your debts? Maybe you need a loan to pay a new expense? Whatever the reason, Download Credit Karma applying for a personal loan can be overwhelming and it can be difficult to know where to start. Credit Karma aims to simplify the process by providing you with a list of personal loans to consider based on your credit score. You will see an overview of each option, including the estimated loan amount, APR, and conditions based on your entry. 3. Automobile Loan Offers Buying a car or refinancing an existing car loan is a major financial decision. Your credit score plays an important role in your qualification, the lenders who will work with you and the importance of your down payment. Credit Karma will list lenders who only accept excellent credit as well as those who accept less than stellar credit to help you limit your options. 4. Credit card Articles On the Resources tab, you'll find articles written by financial professionals, as well as "Your Weekly Money Scoop," a summary of articles from sites such as the New York Times, Forbes, and Huffington Post. These articles deal with credit and other financial concepts to give you a better understanding. 5. Home and auto insurance scores It scores estimate your risk based on factors such as: Active accounts Payment history Using the credit card Credit age Many states use these scores to predict the likelihood that you will file a claim and set premiums based on the outcome (although this is prohibited in some states). Both partitions are included in your free subscription. 6. Free credit scores In 2006, the three major credit reporting agencies (TransUnion, Equifax and Experian) developed a common algorithm for calculating a consumer's VantageScore. Because each credit bureau calculates your VantageScore, you have 3 totals. You will get 2 VantageScores: one from TransUnion and the other from Equifax. The current version, Vantage 3.0, is making more and more credit decisions. According to Credit Karma, Vantage 3.0 has been used more than 8 billion times between July 2015 and June 2016. As the numbers are updated daily, you can check your credit score every day on their site. It's a great way to track your score. You will know immediately if your score increases or not and if you need help to manage your personal finances. HOW TO REGISTER FOR CREDIT KARMA The joining to Credit Karma is simple. Create an account with your email and password. Enter the last 4 digits of your security number (required to access your credit bureau information). Check your identity by answering questions. Then you will have access to free credit notes and reports from your dashboard. From your dashboard, you can connect online financial accounts to track your expenses and determine where your money is actually going. You can also set email alerts to remind you when bills are due. IS KARMA CREDIT A SCAM? The main concern addressed in the comments is whether the site is legitimate or fraudulent. The truth is that it's really free and there is no credit card payment or other payment required to become a member. You do not have to sign up or Download Credit Karma for a credit card monitoring service. Credit Karma earns money through its advertising partners. Do you know the personalized credit card offers and loan recommendations mentioned above? When you sign up for them (and you do not have to), they make money from these advertisers. OPERATING SYSTEMS FOR WHICH CREDIT KARMA IS AVAILABLE Credit Karma mobile app is available on android as well as IOS devices. They also have launched the Web version for desktop users.