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CreditKarma is 100% free for everything. I've used them the last two years without issue, although they dramatically improved the service this last year. It was
by scrooched_moose 7y ago
CreditKarma is 100% free for everything. I've used them the last two years without issue, although they dramatically improved the service this last year. It was a little rough year 1.
- briffle 7y agoI want to try CreditKarma's free filing, but since its free, I'm the product, and i'm not sure what that means, when handing them all my tax info yet..
- scrooched_moose 7y agoAdmittedly I was a little concerned by that, but since I already use them for credit monitoring I didn't feel like I was handing them all that much more information. Better to give them a little more info, than involve another company who may still use my info even after I pay them. I do like they're at least pretty transparent about their business model: https://help.creditkarma.com/hc/en-us/articles/202414090-Is-Credit-Karma-really-free- https://help.creditkarma.com/hc/en-us/articles/202414090-Is-... https://www.investopedia.com/articles/personal-finance/010815/why-credit-karma-free-how-it-makes-money.asp https://www.investopedia.com/articles/personal-finance/01081... https://www.moneyunder30.com/credit-karma https://www.moneyunder30.com/credit-karma
- dentemple 7y agoMate, even when you do pay for services, you're still getting your data sold to third-party vendors. So you might as well utilize companies that provide an actually good product.
- Gaelan 7y agoDo the offline/desktop versions of TurboTax, etc do this? Not arguing, just surprised
- jschwartzi 7y agoThe IRS requires any tax filing software to get your permission to use your information for anything other than filing your taxes. In the case of TurboTax there's a contract they present at the beginning that authorizes them to use your information for marketing. If you decline the contract then you can still use their services and they're not able to sell your information on unless it's related to filing your taxes.
- sinatra 7y agoThis statement, "If it's free, I'm the product" is becoming less and less relevant because, "Even if it's not free, I'm usually the product anyway" Think Comcast, Verizon, various Android phones, various modern TVs, etc.
- WhompingWindows 7y agoOkay, granted many companies do it, but you're still dodging the parent comment's issue about this specifically. WHY is it free, WHAT are they doing?
- ip26 7y agoWHAT are they doing? I think his point is something like "Who knows, but you can be sure TurboTax is doing it too"
- zaidf 7y agoAlso: Apple.
- gleenn 7y agoDo you have any citations for that claim? Anything I can search for?
- brigade 7y agoAt the very least, they can’t violate IRS §7216 without your explicit consent, which they ask for with the default sync to their parent company. And for now that isn’t required to use their filing.
- throwaway44562 7y agoCreditKarma requires a non VOIP number before you can sign up for their tax app.
- deleted 7y ago[deleted]
- mandeepj 7y agoI'm staying away from these free services after data scandals. My tax return is highly sensitive data. I don't want it to get in the hands of advertisers in lieu of saving a few bucks.
- samename 7y agoUnfortunately Credit Karma doesn't let you delete you account; you can deactivate, but your data stays with them for at least two more years.
- brocket 7y agoSince it was my first year trying CreditKarma I decided to do my taxes with both CreditKarma and TurboTax to compare. CreditKarma matched TurboTax return amount exactly for me this year. I also found CreditKarma interface easier to navigate and it took me less time to complete. Would recommend over TurboTax (if you're eligible).