Credit Karma spokesperson Emily Donohue denied there was a data breach, but when asked would not say how many customers were affected.
“What our members experienced this morning was a technical malfunction that has now been fixed.
There is no evidence of a data breach,” the statement said.
Is Credit Karma safe and legit?
Yes, Credit Karma is safe. In fact, the notion that it’s a scam is laughable. Not only is Credit Karma a real website with a solid reputation, but its services are also free to consumers, with no credit card required. But that’s to be expected of a company that deals in free credit scores and consumer data.
How do I know if my credit has been hacked?
If you want to check whether your data was exposed, the FTC and official settlement site have an online tool you can use to check if you were part of the Equifax breach. You’ll need to enter your last name and last six digits of your Social Security number to see if your data was part of the hack.
Does CreditKarma send alerts?
Credit monitoring can help you spot errors or suspicious activity on your credit report and is free for all Credit Karma members. If this box is checked, you’ll receive notifications when important changes occur on either of your credit reports with TransUnion or Equifax.
What company owns Credit Karma?
Credit Karma earns revenue from lenders, who pay the company when Credit Karma successfully recommends customers to the lenders. On February 24, 2020, Intuit announced that it planned to acquire Credit Karma for $7.1 billion.
Why is Credit Karma so far off?
Credit Karma Limitations
First, because Credit Karma uses only two of the big three credit bureaus, your score might not be entirely accurate. However, the customer review site ConsumerAffairs.com has people reporting that their Credit Karma score is quite a bit higher than their actual FICO score.
What’s the catch with Credit Karma?
What’s the catch? Yes, Credit Karma is a legitimate free website that provides you with your credit score and report, no strings attached. It’s really free, and you don’t need to put in your credit card number or remember to cancel your free trial.