Credit Karma Misled Customers, FTC says


Wednesday, January 25th 2023, 9:51 am

By: News 9


-

The Federal Trade Commission is ordering Credit Karma to shell out $3 million for misleading customers.

The personal finance company used "pre-approvals" to trick customers into applying for credit cards and products they were not eligible for, the FTC said.

The agency said that wasted the consumers' time and could have negatively impacted their credit scores.

Credit Karma said it "fundamentally disagrees" with the FTC's "baseless allegations".

logo

Get The Daily Update!

Be among the first to get breaking news, weather, and general news updates from News 9 delivered right to your inbox!

More Like This

January 25th, 2023

January 25th, 2023

January 24th, 2023

December 20th, 2022

Top Headlines

February 9th, 2023

February 8th, 2023

February 8th, 2023

February 8th, 2023