Credit Karma is a free online service and mobile app that gives consumers access to their credit scores, credit reports and other financial information. It is available to anyone in the United States and is completely free to use.

The app offers a wide range of features that allow you to monitor your credit score, track your spending and manage your debt.

Monitor your credit score

One of the most useful features of Credit Karma is the ability to monitor your credit score. The app gives you a detailed breakdown of your credit history, including information about your payment history, credit usage and the types of credit accounts you have.

You can also view your credit report, which contains information about your credit history, including your payment history, outstanding balances and the types of credit accounts you have. This information can be used to identify areas where you need to improve your credit score, for example by paying off outstanding debts or reducing your credit utilisation.

Manage your finances

Credit Karma also offers a range of tools to help you manage your finances. For example, you can use the app to track your spending and create a budget, which can help you identify areas where you can save money.

You can also use the app to track your debts, including your credit card balances and other loans. This can help you keep track of your payments and avoid late fees and other charges.

In addition, Credit Karma offers a range of financial calculators that can help you plan for the future. For example, you can use the app to calculate your monthly mortgage repayments or estimate how much you need to save for retirement.

Credit Karma also provides a range of resources and articles to help you learn more about personal finance. These resources cover a wide range of topics, including credit cards, loans, insurance and taxes.

Protecting your identity

Credit Karma takes your security seriously and has taken a number of steps to protect your personal and financial information. For example, the application uses encryption to protect your data and requires two-factor authentication to log into your account.

If you suspect that your identity has been stolen or your personal information has been compromised, Credit Karma provides resources and guidance to help you protect yourself. For example, you can use the app to monitor your credit report for suspicious activity and set up alerts to notify you of any changes to your credit history.