There is much confusion in the credit field in a variety of areas. education about the use of credit is one. Statistically getting you to use credit is 50 times more prevalent than understanding the education of credit. Organizations such as Credit Karma, don't help the issue with their misleading information in their advertising. And in their product. They lure you in with the promise of finding out and determining what your credit score is, when in fact, you don't have just one you have three, but they do not pull from three bureaus, they only pull from to Equifax and TransUnion.

Credit Karma is function is to lure you in with the free credit score, not a fica score to sell you products, such as credit cards. As a matter of fact, there is a word in the industry referring to non final scores as faecal FICO is in reference to the non FICO scores that are offered by various companies to include Credit Karma. These fake scores have little value since they are not used by lenders and creditors. They do not match closely to FICO scores. Just remember, if the product you're getting online is free, you are the product. They gather data on you and your spending habits and then more than likely sell that data to other marketing companies.