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Credit Karma ordered to pay users after falsely claiming they were pre-approved for credit cards

Some Credit Karma users could be seeing part of a $3 million payout.

 

The Federal Trade Commission has ordered the company to pay users after falsely claiming they were pre-approved for credit cards.

FTC officials say nearly one-third of people who applied for those offers, were denied and that misrepresentation harmed their credit scores.

This happened between 2018 and 2021.

Credit Karma says it disagrees with the FTC but is settling to avoid disruptions.

 

Read More:

https://www.wpbf.com/article/credit-karma-to-pay-users-falsely-claiming-pre-approved-credit-cards/41095978

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