1. Home
  2. News
  3. Finance News
  4. Credit cards

Credit Cards

FTC finalizes order forcing Credit Karma to pay $3 million back to consumers and end misleading ‘pre-approved’ claims

Filing a complaint with the FTC can go a long way

When does “approved” or “pre-approved” mean just that?

In a ConsumerAffairs review of Credit Karma's credit card offers, Emily, of Macon Ga., said she found there were quite a few hoops to jump through. She said the loans the company pitched her as “approved” required filling out an application that promises it won't hurt your credit scores as well as APR and monthly payments which look great up front but turn out to be “crazy high.”

And what Emily experienced, the Federa...

Not sure how to choose?

Get expert buying tips about Credit Cards delivered to your inbox.

    By entering your email, you agree to sign up for consumer news, tips and giveaways from ConsumerAffairs. Unsubscribe at any time.

    Thank you, you have successfully subscribed to our newsletter! Enjoy reading our tips and recommendations.

    Recent Articles

    • Newest
    • Oldest