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. In other words, the creditworthiness of your Facebook friends, could dictate your own creditworthiness. This system would leverage the old idiom that “birds of a feather flock together,” suggesting that people are friends with people that behave similarly to them.

There certainly might be some truth to this in some circumstances, but it is still a terrible idea with small chance of passing regulatory muster.

Continue Reading | 7 Comments | Twitter | |

July 23rd, 2015

15 US Cities With the Highest Amount of Auto Loans

We scoured Credit Karma’s own data for the cities with the highest percentage of Credit Karma members that have open auto loans. As it turns out, America’s southern states are the nation’s auto loan power center, providing 80 percent of the cities on the list.

Continue Reading | 5 Comments | Twitter | |

June 26th, 2015

Addressing the Snowballing Problem of Student Debt

Addressing the Snowballing Problem of Student Debt

Whether it’s a New York Times op-ed going viral, or scathing comments from Massachusetts Senator Elizabeth Warren, there’s hardly a day that goes by without some new voice adding itself to the growing debate over what to do about student loan debt in America.

Continue Reading | 14 Comments | Twitter | |

February 25th, 2015

2/24 Savings Strategies for Paying Off Debt Tweetchat Recap

Tweetchat Savings Strategies for Paying Off Debt (Recap!)

As part of America Saves Week 2015, we teamed up with America Saves to talk about how you can balance saving with paying off debt and how you can save money while tackling your debt.

Continue Reading | 6 Comments | Twitter | |

February 18th, 2015

2/17 Student Loans 101 Tweetchat Recap

Tweetchat Student Loans 101 (Recap!)

We teamed up with SALT, a free educational program helping students get their college degree in a financialy responsible way, to talk about the ins and outs of student loans.

Continue Reading | 6 Comments | Twitter | |

November 24th, 2014

Facebook Question: Taking a Loan You Didn’t Need

Facebook Question: Taking a Loan You Didn't Need

We recently asked our Facebook followers to help answer a member's question about what to do when taking out a loan he didn't need.

Continue Reading | 2 Comments | Twitter | |

October 15th, 2014

Scare Off Your Debt This Creditober!

Scare Off Your Debt This Creditober!

For #Creditober, we want you to imagine that you’ve “scared off” all your debt. What would you look like – relieved? Ecstatic? Hopeful? A combination of them or something else entirely?

Continue Reading | 4 Comments | Twitter | |

October 3rd, 2014

10/7/14 Tweetchat: Credit and Your New Car

tweetchat th

Join our Tweetchat on Tuesday, October 7th at 2PM PST. This week we'll be discussing how your credit score affects the car-buying process.

Continue Reading | 4 Comments | Twitter | |

June 17th, 2014

The Economic Setbacks of Student Loan Debt

The Economic Setbacks of Student Loan Debt

For many college graduates, commencement is not only a time to reflect on all of their hard work over the past four years, but also a reminder that reality is waiting on the other side of the stage. In addition to the threat of a weak job market where 44 percent of recent graduates work in positions that don’t require a college degree, this reality includes the burden of student loans.

Continue Reading | 7 Comments | Twitter | |

June 13th, 2014

Lenders Are Opening Up Jumbo Loans to Consumers

Jumbo Loans

Lenders aren’t exactly giving jumbo loans away, but they’re certainly making it easier for borrowers to snag one. In an effort to pick up the pace of their loan growth, more banks are offering jumbo loans to borrowers who can make up for poorer credit scores and unproven income with other assets like investment accounts and stock grants.

Continue Reading | No Comments | Twitter | |

Advertiser Disclosure: The offers that appear on this site are from third party advertisers from which Credit Karma receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). It is this compensation that enables Credit Karma to provide you with services like free access to your credit scores and free monitoring of your credit and financial accounts at no charge. Credit Karma strives to provide a wide array of offers for our members, but our offers do not represent all financial services companies or products.

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.

Archives

Categories