Welcome to the updated Slickdeals redesign beta. Learn more and give us feedback. Or, return to the classic view.

Search in
Frontpage Deal
CreditKarma Discounts, Deals and Coupon Codes

Credit Karma Beta: Free Credit Credit Monitoring + Linking of your Credit Card Accounts EXPIRED

BostonGirl 5,419 February 12, 2013 at 08:25 AM in Finance (4) More CreditKarma Deals
Deal
Score
+186
46,407 Views
See Deal

Deal Details

Promoted 02-12-2013 at 10:17 AM View Original Post
Credit Karma offers Credit Karma Beta for Free. Included is Free Credit Credit Monitoring plus Linking of your Credit Card Accounts all in one place. Thanks BostonGirl
Note: This is an improvement over our last posting of Credit Karma as the new CC linking is available.

Connect your accounts to:
  • Track bills and spending habits
  • Compare credit report data with your real-time bank account data
  • Receive email alerts on all of your accounts to stay on top of your finances
Safe & Secure
  • Bank-level encryption
  • Secure connection
  • No credentials stored in our database

Original Post

Edited February 12, 2013 at 10:14 AM by brisar
Credit Karma is now offering a new feature allowing you to link your credit card accounts for free.

LINK


Connect your accounts to:
  • Track bills and spending habits
  • Compare credit report data with your real-time bank account data
  • Receive email alerts on all of your accounts to stay on top of your finances
Safe & Secure
  • Bank-level encryption
  • Secure connection
  • No credentials stored in our database

9,995 of 10,000
BETA ACCOUNTS REMAINING


Access All of Your Finances, All in One Place, All for Free
Free Credit Scores & Credit Monitoring
Real-Time Transactions & Notifications
Always Free. No Credit Cards Needed
Credit Karma gives you access to all of your financial information — bank accounts, credit cards, bills, mortgages, loans, investments, and, of course, your credit scores — all in one location, all under one account, all for free.

302 Comments

17 18 19 20 21

Sign up for a Slickdeals account to remove this ad.

Joined Aug 2005
Cyberpunk
862 Reputation
#286
Quote from the.J129 View Post :
Actually this information is incorrect.
You are confusing the credit scores from Experian,Transunion and Equifax with the FICO score. They are NOT the same.
The Experian,Transunion and Equifax scores can be determined by joining (and paying for) each respective website but this is NOT the score that credit card companies (and others) use.
They use the FICO score. This score is ONLY ONLY available at MyFico.com
There is only one FICO score and not three.

Also scores from CreditKarma and CreditSesame are known as FAKO scores. CreditKarma simulates a Transunion score and CreditSesame simulates a Experian score.
Now while both these sites are good at providing you an idea as to what your credit score with that credit agency is (usually the scores are usually off by about ± 10-20 points, but sometimes could be more), the only way to know your TRUE score (especially before doing something important) is the FICO score from myFico.com
That's the reason why someone might want to pay for their FICO score because as the previous poster said, you don't want to go in thinking you have a high score and then realize that you were off by 80 points.


And as to the second part "Unless you know all of the institutions criteria you have no real idea if you will be approved anyway"
Well, the 2 MAIN criteria that a credit card company looks for is credit score and no recent credit inquiries. This really brings in a lot of information.
A good credit score (more than 730) means a lot of things.
They know that you've been paying off your cards on time. That you've not had delinquencies. Because if you had any of these...you wouldn't have a good credit score.
That and next to zero credit inquiries in the past 8 months will get you approved for any credit card.
Ofcourse if you're looking for a loan or mortgage then you may want to have a year or so of no inquiries.
Kind of amusing that your lengthy treatise, probably purporting to be the end-all on this issue, is actually still very incomplete and wrong.

For starters, the credit score that really matters is not attainable through any avenue you mentioned. When you try to get a mortgage, there's a 2nd-level score that only banks/servicers of that nature can pull, and it's more stringent. While anyway, your estimation of what it takes to get a score merely over 730 is grossly pessimistic. You can get a dozen hard credit pulls in a year and still sail well north of 750 because of other healthy behavior.

In sum, you created a definition "TRUE" score without understanding the levels within that category.
Reply Helpful Comment? 0 0
Joined Feb 2011
I beat the Kobayashi Maru
2,027 Reputation
#287
Quote from amax View Post :
While anyway, your estimation of what it takes to get a score merely over 730 is grossly pessimistic. You can get a dozen hard credit pulls in a year and still sail well north of 750 because of other healthy behavior.
.
I NEVER said that a good credit score was not attainable if you had a lot of credit inquiries. What I said was if you've had delinquencies then most probably you don't have a good credit score. So if you have a good credit score then that means a lot of things...such as no delinquencies, no defaults, paying off the balance in full and in time...etc. Now THAT(a good credit score) + 0 inquiries will get you any credit card possible.
That's all I meant.
And I am not even going to pretend to be the most knowledgeable person in the room...because I'm not. I was just passing along what I thought to be right. EmbarrassmentEmbarrassment
Reply Helpful Comment? 0 0
Joined Jul 2006
L5: Journeyman
60 Reputation
#288
Quote from spartan789 View Post :
The real value is in the data-mining of your credit card purchases. That is worth a RIDICULOUS amount to people. You might be surprised.
In one transaction I once bought diapers, cat food, KY, latex gloves, toilet paper, hot sauce, Lysol, NyQuil and zip ties. I'm sure that's worth something to someone. bounce
Reply Helpful Comment? 0 0
Joined Jan 2006
L10: Grand Master
2,574 Reputation
#289
Quote from technopimp View Post :
In one transaction I once bought diapers, cat food, KY, latex gloves, toilet paper, hot sauce, Lysol, NyQuil and zip ties. I'm sure that's worth something to someone. bounce
And next time, they will send you junk mail for all those similar items. And as you may know, when you visit any website, they usually setting up cookie when you logon to CK, they can work with online ad site to put up target online ad when you look at any website. And they can work with FB later to share that information. Using your FB account information, FB can said you bought those items and advertise to your friend (which facebook did that already but can work with CK to get additional info). Just look at how much FB/Google is making by just doing all those online ads. Now someone actually KNOW what you bought and can really using your name to advertise to your friends or give you more target ads.
Reply Helpful Comment? 0 0
Joined Nov 2010
L4: Apprentice
237 Reputation
#290
I was automatically switched to beta.
Reply Helpful Comment? 0 0
#291
Quote from MozartA View Post :
Meaning you have ONE point of failure. If LastPass online was hacked, ALL your passwords will be stolen. Even big bank, retailers, credit card companies, governments have their server hacked. And who knows if LastPass is going to be bought by some company that you don't want them to own your data. Not going to put all my "passwords" on the "cloud".

While KeePass is open source and offline. Actually offline only maybe a good thing.
This is incorrect from what I have read in many places. If LastPass was hacked, they would get a pile of encrypted useless data. The way to get my passwords would be to brute force hack my master password, which if you create properly, is little to no threat...

Is this incorrect?
Reply Helpful Comment? 0 0
Joined Jan 2006
L10: Grand Master
2,574 Reputation
#292
Quote from blink55184 View Post :
This is incorrect from what I have read in many places. If LastPass was hacked, they would get a pile of encrypted useless data. The way to get my passwords would be to brute force hack my master password, which if you create properly, is little to no threat...

Is this incorrect?
Unlike Keepass which is open source so many people have checked their source code to make sure it is secure, LastPass is closed source, no one really can confirm if the encrypted data they generated actually is secure. And we don't even know if they have put any "backdoor" into their product. Or if they have put in anything (like 3rd party ad software) in their product that can help them generate revenue. Pretty much you are putting your trust in a small company that try to make money with a free product (at least most people probably use the free version) that user allow for network access. And seems like LastPass has security breach (and XSS vulnerability which they said was fixed) in recent years.
While Keepass is open source and there is no need for user to allow network connection for this password storage product. And it is always good to support open source product.
Reply Helpful Comment? 0 0

Sign up for a Slickdeals account to remove this ad.

#293
Quote from MozartA View Post :
Unlike Keepass which is open source so many people have checked their source code to make sure it is secure, LastPass is closed source, no one really can confirm if the encrypted data they generated actually is secure. And we don't even know if they have put any "backdoor" into their product. Or if they have put in anything (like 3rd party ad software) in their product that can help them generate revenue. Pretty much you are putting your trust in a small company that try to make money with a free product (at least most people probably use the free version) that user allow for network access. And seems like LastPass has security breach (and XSS vulnerability which they said was fixed) in recent years.
While Keepass is open source and there is no need for user to allow network connection for this password storage product. And it is always good to support open source product.
When I used KeePass, I was saving the file to dropbox in order to pull the most recent version to my phone. I guess I am basically at the same risk level now as I was then, keeping some form of file containing my passwords somewhere other than just on my harddrive.
Reply Helpful Comment? 0 0
Joined Jan 2006
L10: Grand Master
2,574 Reputation
#294
Quote from blink55184 View Post :
When I used KeePass, I was saving the file to dropbox in order to pull the most recent version to my phone. I guess I am basically at the same risk level now as I was then, keeping some form of file containing my passwords somewhere other than just on my harddrive.
Didn't the post you quoted already mentioned the additional risk? Opened source vs closed source. And how secure is the file LastPass actually generated (no one can confirm being closed source) and how secure is the LastPass application itself (any 3rd party ads software or "backdoor"?). If you have as much trust of closed source product from a small company and the quality works done by their developers compare to the open source community which hundreds of developers looked at the code (and you can actually extract the code and compile the program yourself), then may be they are the same risk level as you uploading the Keepass file to dropbox.
Reply Helpful Comment? 0 0
Joined Aug 2011
L5: Journeyman
135 Reputation
#295
Quote from guldilox View Post :
To anyone wondering, I contacted CK and asked how to go back to old CK from beta -- they said there is no way once you've switched.

To any CK shareholders or owners or managers or whatever reading this, see below:

We understand why you made the changes you made. Add new features, simplify the UI, make the product more attractive for new/incoming users...

...but right now, loyal long-term users are upset that this change has occurred. We fully recognize the 1-30 day posting of updated information from lenders to the credit reports, but we *still* like daily update functionality.

You should have baked in a large warning that once you try the beta, you can't go back.

American Express CreditSecure and USAA Credit Monitoring are at least two well-known systems that allow daily updates. They cost a good chunk of money. I don't even care if Credit Karma decides to start charging a couple bucks for daily updating, but as it stands right now you have alienated more users than I think you realize with this change.

Please re-consider. As it stands now, Credit Karma has gone from being a daily tool I interact with for monitoring, updating, and reading reviews/leaving reviews -- to something I have no desire to use at all moving forward.
Ugh, I want to exit beta, it doesn't work with HALF my credit accounts, from store cards, to retirement accounts.

I have no desire for half-assed beta accounting.

Now I only get a credit update once a week?

Really?
Reply Helpful Comment? 0 0
Joined Dec 2006
L4: Apprentice
88 Reputation
#296
Does the beta update every day now? I just logged in and it updated. My last update was 2 days ago.
Reply Helpful Comment? 0 0
Joined Aug 2011
L5: Journeyman
283 Reputation
#297
My password that has always worked on CK no longer works. I clicked the Forgot Password link, it said it reset a new password but never sent an email with that pass. Hmmm whats up?
Reply Helpful Comment? 0 0
#298
Quote from Tornadochaser View Post :
My password that has always worked on CK no longer works. I clicked the Forgot Password link, it said it reset a new password but never sent an email with that pass. Hmmm whats up?
Your account has been taken over by someone else.
Reply Helpful Comment? 0 0
Joined Oct 2004
L3: Novice
30 Reputation
#299
Quote from sklar View Post :

So with such fine and varied security, I'm reduced to an 8.5x11 sheet of paper loaded with usernames and passwords, which I keep under my keyboard. Real secure.

.
Just curious if you have an opinion against using software tools such as LastPass, KeepPass, Roboform, and others. I understand that these tools create an encrypted vault that contains your passwords. They will generate complex and unique passwords for you, so that you would not use the same password on more than one site.
I have been using that kind of tool for about two years, and rather like it. For those who use multiple computers, I understand that you can put the software and vault on a thumb drive. In any case, the user only needs to memorize ONE password, the one that unlocks the vault. Then the software copies the necessary login information to the various websites that you use. It seems clever. and a good alternative to the paper sheet "hidden" next to the computer.
Reply Helpful Comment? 0 0

Sign up for a Slickdeals account to remove this ad.

Joined Sep 2008
L10: Grand Master
2,398 Reputation
#300
Quote from acz View Post :
Just curious if you have an opinion against using software tools such as LastPass, KeepPass, Roboform, and others. I understand that these tools create an encrypted vault that contains your passwords. They will generate complex and unique passwords for you, so that you would not use the same password on more than one site.
I have been using that kind of tool for about two years, and rather like it. For those who use multiple computers, I understand that you can put the software and vault on a thumb drive. In any case, the user only needs to memorize ONE password, the one that unlocks the vault. Then the software copies the necessary login information to the various websites that you use. It seems clever. and a good alternative to the paper sheet "hidden" next to the computer.
I did use one of those years ago. Problem with those is if someone gets a keyboard logger on your machine and gets your password for the 'vault', then they can have all of your passwords.

My system only fails if someone gets my computer and finds the piece of paper, which I have buried under about 43000 pens and pencils in a drawer. laugh out loud
Reply Helpful Comment? 0 0
Page 20 of 21
17 18 19 20 21
Join the Conversation
Add a Comment
 
Slickdeals Price Tracker
Saving money just got easier.
Start Tracking Today
Copyright 1999 - 2015. Slickdeals, LLC. All Rights Reserved. Copyright / DMCA Notice  •  Privacy Policy  •  Terms of Service  •  Acceptable Use Policy (Rules)