Nov 30 2010
Credit Karma takes the mystery out of credit scoring
As a Credit Expert, I regularly give seminars on credit scoring. My goal is to provide resources and knowledge that empowers my clients financially through credit education.
One of those resources that I recommend is Credit Karma. It is common knowledge that having amount of credit helps to optimize your credit score. But, it is a mystery to most consumers on the right mix. Credit Karma helps to relieve that mystery.
Credit Karma is powered by Trans Union. The site provides consumers with their Trans Union credit score at no cost. Really! No Cost – No Gimmicks! In addition, Credit Karma provides score simulators in which consumers can put in different values to determine the affects of paying off or down their credit cards. The simulator will also allow consumers to see how opening new credit will affect their Trans Union credit score.
All is all I believe Credit Karma is a good resource for consumers. Just keep in mind it is just a resource. It does not address Equifax or Experian scores. If you would like more detailed assistance, contact us via email at info@intcredit.net or via phone at 317-527-1440.


