November 24th, 2014

Facebook Question: Taking a Loan You Didn’t Need

Facebook Question: Taking a Loan You Didn't Need

Hey guys!

Last week, we asked our Facebook followers to help out a Credit Karma member who took a personal loan when he didn’t need it.

“I got an offer for a personal loan and took it. I didn’t need the money – I just thought it’d be great to add to my portfolio. But now I’m scared I’m going to ruin my 719 credit score! It’s a $10k loan with a 15.89% APR. What’s the best way to pay the money back while helping my score? Should I pay it off within the first year? Keep it for 48 months? Go on a spending rampage? HELP!”

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October 31st, 2014

Facebook Question: First Credit Card

Facebook Question: First Credit Card

We recently asked our Facebook followers to help answer a member's question about how he can build credit using his first credit card. Here are some of the best responses we got.

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September 30th, 2013

How to Build Credit as a Self-Employed Freelancer

How to Build Credit as a Self-Employed Freelancer th

Being your own boss has some great benefits, with one of the main ones being the freedom and flexibility to do with your time as you please. However, with that freedom comes a big obstacle -- it’s difficult to build credit. This is something I discovered after I quit my job in May 2013 and had to rely on my own income for stability, paying the bills and of course, building credit. Thankfully, you can still build credit as a self-employed freelancer by using these five unconventional strategies.

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September 25th, 2013

Make it Work! How Building Your Credit is Like Being a Contestant on “Project Runway”

Make it Work! How Building Your Credit is Like Being a Contestant on Project Runway th

One of my favorite shows on TV right now is Project Runway, a reality competition where fashion designers fight for the top prize. I’m in no way a fashionista, but it’s really amazing to see what the contestants can produce within a mere 1-2 days. It’s probably hard to imagine that a silly reality TV show has anything to do with finances, but where there’s a will, there’s a way… to make it work! Sew keep reading for cleverly designed analogies, bad puns and maybe some financial advice.

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July 31st, 2012

How to Save Money While Building Credit

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Building a solid credit history and saving money don’t always go hand in hand. The essence of building credit means you’re paying back borrowed money to establish a good reputation, so you can borrow more money (at a lower interest rate) in the future.

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January 31st, 2012

My Credit Is Terrible. Now What?

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It may be difficult to rebuild rock-bottom credit, but it’s not impossible. We constantly hear of Credit Karma members boosting their scores after several months of belt-tightening and smart credit moves, so if they can do it, so can you!

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September 9th, 2011

Credit Karma Answers: How do I build credit to buy a house?

Ready to take the plunge into becoming a homeowner? Make sure your credit is in tip-top shape first! Check out these tips, from our Credit Advisor, Justine Rivero.

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September 13th, 2010

The College Student’s Nitty Gritty Guide To Building Good Credit

college pig

Pass on this quick & dirty guide to building good credit to your college-bound friends and family, whether it’s they are freshman year or seniors, so they can discover the right financial attitude while also soul-searching in college.

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August 24th, 2010

This Week’s Top Credit Questions – Confused About Credit


Sometimes there are disagreements amongst Credit Karma consumers about how to handle certain situations—to close or not to close a credit card, to pay off this or that, and more. One thing is for sure—we’re proud Credit Karma consumers have something to say about it.

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July 2nd, 2010

Celebrate Your Financial Independence! Your Credit Score Will Get You There

As we celebrate America’s Independence Day, why not start working on your own financial independence by better managing your credit score. In working towards financial independence, your credit score is a crucial initial step to better financial health, as well as something that stays with you throughout your entire life. Since credit scores are calculated […]

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