A Decade of Financial Progress with Credit Karma

Ten years ago, we started Credit Karma with the idea that everyone should have free access to their credit information. A few months later, the recession hit and there were so many reasons we could’ve failed: a tough economy, lack of funding, widespread distrust of consumer credit companies… the list goes on. But despite these challenges — or perhaps because of them — Credit Karma persevered. More than 60 million members later, we’ve proven you can always count on us to have your back when you’re trying to make the most of your money.

Today, there is no other company out there like Credit Karma. Our insight into more than $3.5 trillion of American household debt uniquely positions us to help all Americans navigate the complex landscape of personal finance through their entire financial lifetime. Whether you’re getting your first credit card or buying your first home, looking to save on your auto loan or student loans, or saving up for your child’s college fund or your retirement — we’re here to help make these important decisions easier for you.

As we hit our 10-year milestone, I’m humbled by all we’ve accomplished together. We’ve given away over 2.5 billion credit scores, making free credit scores ubiquitous. We’ve removed over $6 billion in erroneous accounts from your credit reports because everyone deserves a fair shot at healthy credit. And we’ve launched the first truly free major tax preparation and filing service in the U.S. so you don’t have to pay to get your taxes done. Here is a look at our journey so far, from free credit score pioneer to your financial assistant.

And while we’ve accomplished a ton, we’ve only scratched the surface. The financial services industry has a long way to go and there’s a lot of room for more innovation. There is still a lack of certainty for many people when it comes to getting approved for a loan, or even how much it might cost, which consistently results in higher rates and prices. Our mission is to transform the industry and provide everyone with all the resources and information they need to reach the ideal financial outcome.

To our members, team and community, thank you for an amazing 10 years. We’re looking forward to all that lies ahead in our next chapter together.

Kenneth Lin
Founder and CEO

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