June 24th, 2016

Concern for Environment Cuts Across Credit Score Bands

It turns out having clean air and water is something almost everyone can agree is important. A Credit Karma survey in late March, 2016 of a cross section of its more than 60 million members to determine what issues they considered priorities in the presidential election found that regardless of age or credit score* the majority ranked the environment as very or extremely important and some segments found it even more important than others. Millennials marked the environment as very or extremely important an average of 9% more that those 65 and older and those with credit scores in the Fair range did the same 6% more of the time than those who had credit scores that fell in the Good or Excellent range.

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June 9th, 2016

What Millennials with the Highest Credit Scores Have in Common

Despite the libraries of articles about how college graduates can improve their credit scores and live happier lives, the real mix of type and amount of credit and credit usage that results in the highest credit scores is still a mystery to many millennials. 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 millennials in our membership of more than 50 million people to try to determine what mix resulted in higher credit scores.

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May 17th, 2016

Economic Issues? Priority May Depend on Credit Score

chart of economic and foreign policy issues based on respondent credit scores

Do people with higher credit scores tend to see foreign policy and defense spending as more important than economic issues like unemployment and the cost of higher education? A survey of over 1,000 Credit Karma members indicates that might be the case.

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January 21st, 2016

The Credit Fumble™: More Than Two-Thirds of Young Adults Make Significant Financial Mistakes

Credit Fumble

At Credit Karma, we define a “Credit Fumble” as being the phenomenon where young adults, new to credit and many without any financial education, make largely avoidable financial mistakes. When we finished our recent research into this pattern, even we were surprised to find out that more than two-thirds of young adults we surveyed experienced at least one Credit Fumble before they turned 30.

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August 7th, 2015

About that Facebook patent…

Much attention was given this week to a recently granted Facebook patent that may open the door for the social network to create an alternative credit score system based on your social graph. Why this may not be the best idea.

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December 10th, 2014

12/9 Ways to Improve Your Credit Health Tweetchat Recap

Tweetchat: Ways to Improve Your Credit Health (Recap!)

Your credit is an important part of your finances, so how do you improve it? In this CKchat recap, we share a few tips and discuss how you can improve your credit health.

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November 12th, 2014

11/11 Credit Myths Tweetchat Recap

Tweetchat: Credit Myths (Recap!)

Credit can be a confusing topic, with a lot of misinformation circulating around. We decided to debunk some credit myths, with your help! Read on to see which credit myths we talked about and whether they're fact or fiction!

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November 4th, 2014

Creditober 2014 Wrap-Up

Creditober 2014 Wrap-Up

What month comes between September and November? Well, around Credit Karma, we call it Creditober - a month dedicated to credit before the start of the holiday season, when people tend to spend more. Creditober is sadly over now, but we've got a wrap-up of all the things that happened!

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October 22nd, 2014

10/21 Why Credit Scores Drop Tweetchat Recap

Tweetchat: Why Credit Scores Drop (Recap!)

A credit score drop can happen to anyone and if you don't know why it happened, it can be confusing and scary. That's why we wanted to talk about why credit scores drop. If you missed this #CKchat, catch up with our recap!

Continue Reading | 15 Comments | Twitter | |

October 16th, 2014

10/21/14 Tweetchat: Why Credit Scores Drop

tweetchat th

Join our Tweetchat on Tuesday, October 21st at 2PM PST. This week we'll be discussing why credit scores drop.

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Editorial Disclaimer: Content on the Credit Karma Blog is for entertainment and information purposes only. The opinions expressed on the blog are those of the authors themselves, and not necessarily Credit Karma or its affiliates. However, Credit Karma may be compensated by companies mentioned in the Credit Karma Blog through advertising, affiliate programs or otherwise. It is this compensation that enables Credit Karma to provide its members with services like free access to your credit scores and free monitoring of credit and financial accounts at no charge.

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