April 25th, 2013
Last month we took a look at which U.S. cities have the highest student loan debt. This month we thought it’d be interesting to take a look at the 10 U.S. cities with the lowest mortgage debt. Interested in buying inexpensive property in any of the following cities?
March 22nd, 2013
Each month, we take a look at data from our members to analyze the current state of credit and debt in the U.S. This month we’re honing in on student loan debt, which has been a hot topic for quite some time now. What we found might surprise you.
February 1st, 2013
While the holidays have come and gone, many of us are still feeling the financial sting that is distinct to this most wonderful time of the year. Credit card debt is usually where most consumers have borne the brunt of the holiday weight (financially, at least—I’m sure nana’s cookies haven’t helped other areas either). But it’s important to know that if you are toting some major credit card debt that you are not alone. Here are some numbers from Credit Karma's December 2012 data that may or may not shock you.
January 4th, 2013
Ready for a New Year’s challenge? How about paying down $10,000,000 of debt in 90 days?
November 13th, 2012
Picture this: You’re starting a new business, say a hat shop. You need a small business loan to get the Hat Shack up and running, but each bank you visit has tightened its purse strings. Loans are difficult to come by, and they have high credit score requirements. Where do you go so you can get your shop ready to go before hat season? Enter Borro, an online pawnbroker that extends secured personal loans backed by valuable assets.
September 21st, 2012
I got my first full time job in April 2010 as a Social Media Coordinator. Before that, I had been a broke college student surviving off credit cards, especially after I quit my part-time receptionist job to take care of my mom when she got sick.When I moved into my own place with my boyfriend (now husband), we were both making good money, but I was just paying the minimums on my cards month to month. It’s not that it wasn’t manageable, but I would’ve preferred to get out of debt sooner than later, and see some sort of light at the end of the tunnel.
September 18th, 2012
Are you like me? Have you had credit card debt? What about a lot of credit card debt? Exactly one year ago I had $3,000 on my credit card and wasn’t sure how I’d pay it off. I realize $3,000 may or may not sound like a lot to you, based on your own experience with credit cards. But for me it felt like more than I could deal with, and that qualifies as “a lot” in my book.
September 5th, 2012
With an economy that's been down for the better part of a decade and a job market painfully slow to rebound, millions of Americans are struggling to keep their heads above water. One way for many to maintain their lifestyle has been relying on credit cards as their savings dwindle, leading to the sticky situations of bulging balances and expanding interest rates.
June 12th, 2012
Have you ever received a notice from a collections agency? You’re not alone. Nearly half of Credit Karma members currently have at least one derogatory mark, such as an account in collections, on their credit report. In our Credit Advice Center, members often ask about the best way to deal with debt collectors.
June 8th, 2012
NetCredit, a new online personal loan lender, is providing loans to consumers with poor credit in hopes of filling the gap between payday loan users and consumers who qualify for traditional loans. The company, located in Chicago, isn’t new to lending. It’s an extension of Enova Financial, which has been involved in the industry since 2004.