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As a long-time user of Credit Karma, I'm curious if anyone knows anything damning about the company that could change my mind about using them for nearly all my
by faitswulff 9y ago
As a long-time user of Credit Karma, I'm curious if anyone knows anything damning about the company that could change my mind about using them for nearly all my personal finances?
- shostack 9y agoAs long as you understand their business model, that's pretty much it. With Credit Karma you are the product--they monetize your data for ads and affiliate offers, and potentially have deals with data brokers (although I can't easily confirm if that is the case or not). But so far I haven't had issues as long as I ignore the offers. Kind of like Mint--the service is valuable enough that the value of the data I'm providing is worth it for me.
- arikrak 9y agoDo they give out your data to other parties who then spam you, or do they just show you offers on their own site?
- cheriot 9y agoOnly to show offers on their site. There are some old Reddit AMAs where they discuss it.
- faitswulff 9y agoFWIW I found a bunch of them: [0]: 2 years ago - https://www.reddit.com/r/IAmA/comments/2qq95l/i_am_the_founder_of_credit_karma_ask_me_anything/ https://www.reddit.com/r/IAmA/comments/2qq95l/i_am_the_found... [1]: 1 year ago - https://www.reddit.com/r/IAmA/comments/3zh78n/im_ken_lin_founder_and_ceo_of_credit_karma_id/ https://www.reddit.com/r/IAmA/comments/3zh78n/im_ken_lin_fou... [2]: 9 months ago - https://www.reddit.com/r/IAmA/comments/5ha7sg/im_kenneth_lin_founder_and_ceo_of_credit_karma/ https://www.reddit.com/r/IAmA/comments/5ha7sg/im_kenneth_lin...