Credit Karma duped users into applying for credit cards, feds say. How to get a refund
Applicants were ultimately denied, despite being told that they were “pre-approved.”
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Applicants were ultimately denied, despite being told that they were “pre-approved.”
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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.