Credit Karma money: FTC orders company to pay users $3M for 'false claims'

📆 05/09/2022 17:03:00
📰 ABC7Chicago

⏱ Reading Time:
8 sec. here
2 min. at publisher
📊 Quality Score:
News: 7%
Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Credit Karma must pay users $3M after making 'false claims' over credit cards, the FTC said.

CHICAGO --The Federal Trade Commission has ordered the company to pay users after falsely claiming they were pre-approved for credit cards,FTC officials said nearly one-third of people who applied for those offers were denied, and that misrepresentation harmed their credit scores.RELATED: Zelle scammers use stolen personal information to trick bank customersIt's unclear how many consumers were impacted or how those affected will be able to claim the money.

Credit Karma allows people to monitor their credit information for free, but it gets paid when customers are approved for loans or credit cards.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

This is still happening. 😔

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Credit Karma money: FTC orders company to pay users $3M for 'false claims'The Federal Trade Commission has ordered the company to pay users after falsely claiming they were pre-approved for credit cards.
Source: abc7newsbayarea - 🏆 529. / 51 Read more »

Dan Bilzerian's Ontario-based cannabis company under investigationU.S. regulators are probing if an Ontario-based cannabis company led by social-media influencer Dan Bilzerian made false or misleading statements in its financial results — via TheGrowthOp cannabiscommunity cannabisnews
Source: TheStarPhoenix - 🏆 253. / 63 Read more »