Susannah Wright News Today

Applicants were ultimately denied, despite being told that they were “pre-approved.”

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Nicholas Orme highlights some popular children’s pastimes and explores their place in wider society, from dolls to ball sports and blind man's bluff

The company told many customers they were "pre-approved" for credit card products they did not actually qualify to get. Proceeds from the fine will compensate those consumers, the Federal Trade Commission says.

The Federal Trade Commission has finalized its order, forcing Credit Karma to pay prospective customers $3 million for tricking them into applying for "pre-approved" credit card offers.

The FTC said Credit Karma wasted consumers’ time and hurt their credit scores when they applied for offers they weren’t actually pre-approved for.

Almost one third of customers who applied for some of Credit Karmas "pre-approved" offers were denied, alleged the FTC.

The FTC said Credit Karma wasted consumers’ time and hurt their credit scores when they applied for offers they weren’t actually pre-approved for.

The company told consumers they were pre-approved for credit cards. For some such offers, a third of applicants were denied, according to the FTC.

But according to the Federal Trade Commission(FTC), consumers who received "pre-approved" credit offers from Credit Karma weren't approved for credit.