Credit Karma to Pay $3 Million Settlement for Misleading Customers about Credit Approval Chances
$3Million Direct Payments Americans Claim- Are You Eligible? (PHOTO: SILive.com)
Credit Karma Settles Lawsuit with $3 Million Payout for Misleading Customers
Credit Karma a company that helps people manage their finances got in trouble with the government because they were accused of lying to their customers. The government said that Credit Karma told people they had a really good chance of getting approved for loans or credit cards but then many people got denied. This made a lot of customers upset because they thought they were going to get approved but they did not.
The government decided to make Credit Karma pay $3 million to make up for what they did. This money $3 Million direct payments will be given to the people who were affected by the lies. Over 497,000 people might get some money from the $3 Million payment settlement. It is like a little bit of compensation for the trouble they went through.
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Credit Karma Agrees to $3 Million Settlement Without Admitting Wrongdoing
Even though Credit Karma did not say they did anything wrong but they still agreed to pay the $3 Million direct payments money. This is called a settlement. It is like saying Okay we will give you the money but we are not admitting that we did anything bad. Now the people who were affected by Credit Karma actions might get a little bit of money back.
ELIGIBILITY
If you tried to get a loan or credit card between February 2018 and April 2021 and Credit Karma told you that you were pre approved or had a 90% chance of getting approve but then you got denied you might be able to get some money back. You do not need to show any documents to prove it. If you think you qualify you can email info @CreditKarmaSettlement.com or call 866 848 0871 to get a claim ID. This will help you get your money from the settlement.
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