Description: This article is going to be introducing the Credit Karma as well as some of the features, in which you will know how to use this app to keep track of your credit score.
Today we are talking an app called Credit Karma, it’s one of the apps you will see these days heavily advertised on TV.
The first thing I want to talk about is if this question is legit, if it is free, if it gives you as advertised, the answer is yes. I’ve been a member myself of Credit Karma for over a year. And I can say that it is legit and I’m satisfied with it. Unlike other services, this app doesn’t ask you to sign up for a monthly membership, they have ads and that’s how they make money. So if you don’t care about ads, you can ignore them.
When you first download it, it’s going to ask you a bunch of different questions to to confirm your identity, including some of the questions like where did you get your last car? What kind of car do you have? What addresses have you lived at in the last five year? What county do you currently live in?
Once you finish that process, it will ask you to create an account which allows you to log in from their their app or the website so if you don’t have a smart phone, you can still benefit from this service. You are also going to create a PIN number, which can protect your credit score.
Then you can see two out of three major credit bureau scores, transUnion and Equifax, for free. You can monitor your credit, go into the app anytime you want. Because the times you go into this app doesn’t affect your credit score.
Here you can see there is a score details here, you can see a breakdown of your score from both credit bureaus. So you can track and see how you are doing over time as well as what factors are impacting your score.
There’s one thing I like about Credit Karma is that it can give you great advice, especially for those teenagers who get into credit cards for the first time, on how to improve your score, what to do and what not to.
There is payment history, derogatory marks, age of credit history, total accounts, credit inquiries, as well as some advertising articles, then you can go into the details. You can also hit the blue button down below to see your full credit report.
Let’s go back to the former screen, another feature that I like about is if you go to the button on the bottom left where it says accounts, it will give you an easy way to flick through and see how you are going financially, how much money you have tied up between credit cards and auto loans, and there is an another category for other. But there’s a delay. Then there is an offer tab, in which there are all ads about credit cards.
So what I recommend to you is that when you want to get a credit card, you’d better go to the creditcards.com other than referring to the ads on this app because they aren’t not suitable for some people under some circumstances.