Credit Karma

Credit Karma is a finance website that offers free tools and services to consumers and provides credit scores and credit reports. The company designed its financial education resources to help people better understand and manage their finances.

Types of loans

Credit Karma is not a lender but may help you compare offers from over 20 licensed lenders.

You can use this website to apply for:

• personal loans (range from around $1,500 to $100,000, with repayment terms of 12 to 84 months);
• car loans;
• home loans.

Also, through Credit Karma, you can apply for the following credit cards:

• Balance transfer cards;
• Reward cards;
• Travel cards;
• Cash back cards;
• 0% APR cards;
• Business cards;
• Cards for fair credit;
• Cards for bad credit.

The company earns a commission from these loan providers.

Eligibility criteria

To get approved for a loan with Credit Karma, you must typically:

1. be at least 18 years;
2. be a US citizen or permanent resident;
3. have a good credit score;
4. have a steady income;
5. have a personal checking account.

Borrower eligibility requirements vary from lender to lender.