Americans are shopping again and they are increasingly charging it. Growth in credit card and auto loan debt added to the $35 billion increase in aggregate household debt for a total of $12.29 trillion at the end of June according to government reports.
A new change to the process of applying for federal financial aid could lead students to make smarter choices when borrowing for college. Starting this year, the Free Application for Federal Student Aid (FAFSA), which was previously available for students and their families to fill out in January, is available starting October 1. The shift is significant since it will give students a better sense of the federal student aid they may be eligible for much earlier in the application process.
This summer, we welcomed our 2016 intern class to help out in a variety of different departments at Credit Karma. Our interns play a vital role in the success of our mission to make financial progress possible for everyone. Our interns bring new insight and a fresh perspective and we value their daily contributions!
For the third year in a row, Credit Karma was named one of The Healthiest Employers in the Greater Bay Area by the San Francisco Business Times and Silicon Valley Business Journal.
Major security breaches have become too common of a story, with retailers and websites hacked with alarming frequency. It has become so common that it can often take a fairly egregious breach – think SONY in 2014, or Target in 2013 – for something to become a high-profile news story. It also comes with a high price tag.
Majority of those with student debt are carrying $10,000 to $50,000 for their educational experience and many are making extra payments or refinancing to manage the burden.
It turns out having clean air and water is something almost everyone can agree is important. The majority in a recent Credit karma survey ranked the environment as very or extremely important and some segments found it even more important than others.
A new survey by Credit Karma finds that contrary to trending criticisms, young people really are interested in “adulting” in pretty traditional ways. They are getting married and buying homes and cars in large numbers. Urban, suburban and rural 18-34 year-olds are starting families and using credit cards.
Some people are more worried about the almost $1.3 trillion in student debt nationally than others. How important might be linked to your credit score.
Credit Karma looked at the average credit card usage, limits, number of cards, inquiries and collections, plus amount of credit card, mortgage, student loan and auto loan debt for the millennials in our membership of more than 50 million people to determine what mix resulted in higher credit scores.