C
Credit Karma
Credit Karma agreed to a $3 million FTC settlement for misrepresenting consumers as “pre-approved” or having high approval odds for credit offers they were later denied.
ClosedUnited States-wideClaim status: Closed on March 4, 2024Payout: VariesNo longer claimable
About this settlement
Refunds for consumers denied credit after responding to misleading ‘pre-approved’ or ‘90% odds’ credit offers from Credit Karma.
This FTC settlement resolves claims that Credit Karma misled consumers by advertising them as ‘pre-approved’ or having high chances of credit approval when they were later denied. Eligible consumers may receive refunds through the settlement.
Who qualifies
- Consumers who were denied credit after responding to a Credit Karma offer stating they were ‘pre-approved’ or had ‘90% odds’ of approval.
Varies
Claim status: Closed on March 4, 2024