Comments on: A review of CreditKarma

By: Kylie Batt

Kylie Batt — Tue, 20 Apr 2010 23:22:42 +0000

Замечательно, это очень ценная штука... Image via Wikipedia I just came across an interesting site called CreditKarma, thanks to a close friend of mine.....

By: Alex

Alex — Tue, 09 Mar 2010 22:34:48 +0000

Thanks for your comments Kenneth. You are the CEO of CreditKarma,
correct? Also, did I understand your analysis correctly when it showed
that to receive an A rating, one would need over 40 credit accounts?

Thanks again!

By: klin

klin — Tue, 09 Mar 2010 22:28:11 +0000

Alex, thanks for the review of our site. To be clear on the number of accounts, it is not debt that is important for a good credit score but the experience of managing credit accounts. You shouldn't rush out and open accounts just to boost your credit score but you should know that more experience is better perceived by lenders.

By: Alex

Alex — Tue, 09 Mar 2010 19:55:34 +0000

Thanks, Alan. I know you've signed up for the service. What have been
your takeaways?

By: Alan

Alan — Tue, 09 Mar 2010 06:21:49 +0000

Nice review, Alex. Heard about this through Chris Maury. As I mentioned a few days ago, it's so interesting how skewed the incentives are for someone trying to be financially responsible. Why should one's open accounts be weighted so heavily in the credit score algorithm? If only your score of “F” (for 3 credit cards!) stood for “frickin' fantastic…”