4 ms·

too bad they sell your tax information, in all likelihood to companies like Equifax. now they don't have to ask your employers your salary anymore, you can just

too bad they sell your tax information, in all likelihood to companies like Equifax. now they don't have to ask your employers your salary anymore, you can just tell them.

shkkmo 8y ago
Do you have evidence or justification for this claim?
- Hello71 8y ago
  From their privacy policy https://www.creditkarma.com/tax/privacy https://www.creditkarma.com/tax/privacy: When We Share the Information We Collect Affiliates: We may share certain information with our affiliated companies, such as Credit Karma, to help us provide our Services and manage your account. now, it seems fine for Credit Karma Tax to share information with Credit Karma. what exactly counts as an "affiliate" though? I mean, "affiliate marketing" is a common term, and that's pretty darn broad. I read it in the broadest terms possible, which would be "everyone we have a business relationship with", necessarily including TransUnion and probably other CRAs.
  - shkkmo 8y ago
    I believe affiliate has a more restrictive meaning that just "everyone we have a business relationship with" but I'm not a lawyer.
faitswulff 8y ago
I was worried about this when I started using CreditKarma, too. Seven years of AMAs convinced me that unless the founder was a pathological liar playing a really long game, they probably didn't sell my information: "Do you spam member or sell your list? No, we send less than one email per month. We never sell, share, or rent any consumer PII with third parties." https://www.reddit.com/r/IAmA/comments/c28od/i_started_credit_karma_we_provide_free_credit/ https://www.reddit.com/r/IAmA/comments/c28od/i_started_credi... "We make money by selling advertising on the site. We never sell or share member information" https://www.reddit.com/r/IAmA/comments/e0cfl/iama_entrepreneur_who_started_credit_karma_we/ https://www.reddit.com/r/IAmA/comments/e0cfl/iama_entreprene... "Also let me point out that we don't make money by selling your information. It is against our privacy policy and we hate those tactics as much as you do." https://www.reddit.com/r/IAmA/comments/2qq95l/i_am_the_founder_of_credit_karma_ask_me_anything/cn8inkp/?context=1 https://www.reddit.com/r/IAmA/comments/2qq95l/i_am_the_found... "Definitely not. We hate that model too. We do just fine by showing you offers that we believe will save you money. We think that is a win win. As a test, I always suggest people create a unique email account just for us. See if you get any spam in that account. All bets are off if you use a crappy email provider ;)" https://www.reddit.com/r/IAmA/comments/3zh78n/im_ken_lin_founder_and_ceo_of_credit_karma_id/cym57oi/?context=1 https://www.reddit.com/r/IAmA/comments/3zh78n/im_ken_lin_fou... "We are using Google business model. We don't sell or rent the information to anyone and we use it to help find the most useful loan or credit card for you. That simple." https://www.reddit.com/r/IAmA/comments/5ha7sg/im_kenneth_lin_founder_and_ceo_of_credit_karma/dazd0g5/?context=1 https://www.reddit.com/r/IAmA/comments/5ha7sg/im_kenneth_lin... "We also don't sell or share your information unless you give us explicit consent. In those cases, we are generally pre-filling a form or determining if you qualify for an offer." https://www.reddit.com/r/PersonalFinanceCanada/comments/69admp/im_kenneth_lin_founder_and_ceo_of_credit_karma/dh51ypu/?context=1 https://www.reddit.com/r/PersonalFinanceCanada/comments/69ad...

too bad they sell your tax information, in all likelihood to companies like Equifax. now they don't have to ask your employers your salary anymore, you can just tell them.

shkkmo 8y ago

Do you have evidence or justification for this claim?

Hello71 8y ago
From their privacy policy https://www.creditkarma.com/tax/privacy https://www.creditkarma.com/tax/privacy: When We Share the Information We Collect Affiliates: We may share certain information with our affiliated companies, such as Credit Karma, to help us provide our Services and manage your account. now, it seems fine for Credit Karma Tax to share information with Credit Karma. what exactly counts as an "affiliate" though? I mean, "affiliate marketing" is a common term, and that's pretty darn broad. I read it in the broadest terms possible, which would be "everyone we have a business relationship with", necessarily including TransUnion and probably other CRAs.
- shkkmo 8y ago
  I believe affiliate has a more restrictive meaning that just "everyone we have a business relationship with" but I'm not a lawyer.

faitswulff 8y ago

I was worried about this when I started using CreditKarma, too. Seven years of AMAs convinced me that unless the founder was a pathological liar playing a really long game, they probably didn't sell my information: "Do you spam member or sell your list? No, we send less than one email per month. We never sell, share, or rent any consumer PII with third parties." https://www.reddit.com/r/IAmA/comments/c28od/i_started_credit_karma_we_provide_free_credit/ https://www.reddit.com/r/IAmA/comments/c28od/i_started_credi... "We make money by selling advertising on the site. We never sell or share member information" https://www.reddit.com/r/IAmA/comments/e0cfl/iama_entrepreneur_who_started_credit_karma_we/ https://www.reddit.com/r/IAmA/comments/e0cfl/iama_entreprene... "Also let me point out that we don't make money by selling your information. It is against our privacy policy and we hate those tactics as much as you do." https://www.reddit.com/r/IAmA/comments/2qq95l/i_am_the_founder_of_credit_karma_ask_me_anything/cn8inkp/?context=1 https://www.reddit.com/r/IAmA/comments/2qq95l/i_am_the_found... "Definitely not. We hate that model too. We do just fine by showing you offers that we believe will save you money. We think that is a win win. As a test, I always suggest people create a unique email account just for us. See if you get any spam in that account. All bets are off if you use a crappy email provider ;)" https://www.reddit.com/r/IAmA/comments/3zh78n/im_ken_lin_founder_and_ceo_of_credit_karma_id/cym57oi/?context=1 https://www.reddit.com/r/IAmA/comments/3zh78n/im_ken_lin_fou... "We are using Google business model. We don't sell or rent the information to anyone and we use it to help find the most useful loan or credit card for you. That simple." https://www.reddit.com/r/IAmA/comments/5ha7sg/im_kenneth_lin_founder_and_ceo_of_credit_karma/dazd0g5/?context=1 https://www.reddit.com/r/IAmA/comments/5ha7sg/im_kenneth_lin... "We also don't sell or share your information unless you give us explicit consent. In those cases, we are generally pre-filling a form or determining if you qualify for an offer." https://www.reddit.com/r/PersonalFinanceCanada/comments/69admp/im_kenneth_lin_founder_and_ceo_of_credit_karma/dh51ypu/?context=1 https://www.reddit.com/r/PersonalFinanceCanada/comments/69ad...