March 30th, 2012
Is Credit Karma Safe?
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Here at Credit Karma, we are committed to securing your data by treating it as if it were our own.
We recognize that consumers are concerned about their safety and the safety of their personal information, which is why we take every measure to ensure security.
Here are five reasons why Credit Karma is safe to use and how it can actually help protect your identity.
Serious security precautions
Every inch of Credit Karma’s secure data center is monitored by trained security personnel around the clock. Several layers of authentication are required just to get in the front door, not to mention actually seeing a server on the PCI-DSS and SAS-70 Type II certified data center floor. We use bank-level encryption and industry-standard information security practices to secure our data. Our security standards have stood up to audits by some of the nation’s biggest banks and credit bureaus.
No account information displayed
When you successfully create an account with Credit Karma, you’ll get your free credit scores, see the factors that influence them, receive personalized savings recommendations, see information on your various credit lines, and more. One thing you won’t see, however, is your account numbers.
In the My Accounts tab, you can view your different credit lines and see how they’re contributing to your overall credit portfolio, but you’ll never see the account numbers because we don’t have them. The credit bureau only shows us a small part of your account number and we scrub that even further, down to only a few digits. This security feature adds an extra layer of protection to your financial accounts.
After a period of inactivity on your logged-in Credit Karma session, you’ll be automatically logged out. While we don’t recommend using public Wi Fi hotspots or shared computers to log on to any financial websites, our automatic log-off will keep your account safe from snoopers.
No duplicate accounts allowed
Once you successfully register with Credit Karma, no one else will be able to use your information to register. In fact, if a duplicate signup attempt is detected, it is automatically and immediately deactivated before the credit score is ever retrieved. This security measure ensures that you—and only you—can access your credit information.
Helpful Tip: Free credit monitoring and account monitoring
Credit Karma wants to help you keep a close watch on your credit report activity, so we’re excited to provide you with free credit monitoring. This service will keep an eye on your credit report and alert you via email if anything important changes.
Credit monitoring is great for identity theft protection; you’ll know if someone tries to open a new account in your name or if a hard inquiry is initiated on your credit report. You can make sure you’re enrolled in free credit monitoring by updating your preferences in your Credit Karma profile.
In addition, we’re proud to provide free account monitoring for our members. After you connect your financial accounts, you can configure your communications and monitoring preferences and let us know when you want to receive various alerts and notifications regarding those accounts.
Bottom Line: We use these methods and others to ensure our members’ safety and security. In fact, Credit Karma is a great tool to help protect you from identity theft and fraud. Monitor your credit on a regular basis at Credit Karma to ensure that your credit information remains safe.
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