Canadians Now Empowered to Take the First Step toward Financial Freedom with Free Credit Scores and Reports
SAN FRANCISCO, Nov. 29, 2016 /PRNewswire/ -- In an effort to continue its mission of making financial progress possible for everyone, the personal finance company Credit Karma today announced it has launched in Canada.
For the first time ever, Canadians will have free online access to their credit score and full credit report, updated as often as once a week. They will also receive personalized recommendations from Credit Karma on how to best manage their everyday finances. The launch aims to arm Canadians with the knowledge of where they stand financially, as Credit Karma firmly believes everyone deserves to understand their finances.
"Since our founding nine years ago, many Canadians have asked for Credit Karma, which made selecting Canada as our first market outside of the U.S. a natural decision," said Credit Karma Founder and CEO Kenneth Lin. "We're thrilled to assist Canadians in making smart financial choices by empowering them with the knowledge of their financial standing. We're putting people first when it comes to information and services that promote financial progress."
Credit Karma also has plans to expand the rollout to include many of the company's features and tools that enable consumers to take informed, proactive steps toward understanding and improving their financial situation. This will allow Credit Karma to provide Canadians similar types of financial offers and insights that more than 60 million members of Credit Karma in the United States already enjoy.
At launch Credit Karma will be available to Canadians in the provinces of Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island and Saskatchewan.
Founded in 2007, Credit Karma is a personal finance company that's helping people find the fastest path to financial progress. Whether they're interested in getting a better deal on a loan, looking for ways to save, or simply monitoring their credit, we offer a range of tools and personalized recommendations designed to help them make the most of their money. Our business model is unique in that no matter what new products or services we introduce, we're committed to providing a service that's always free. Over 60 million members use Credit Karma to gain insight into their finances and credit information – and ultimately, improve their financial standing.