Contents
The Offer
- If you applied for a “pre-approved” credit card on Credit Karma between 2018 and 2021 and were denied you might be eligible for a payment.
Our Verdict
Settlement pool is $3 million, looks like you file based on your time wasted.
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I understand you guys hate the company and the settlement. But, it was a pre-approved offer and based on a soft pull. Any pre-approved offer still has a chance of decline when your full credit report is pulled (not just credit karma, even banks can decline you after a pre-approved offer). The settlement is because it was not made clear about the chance of denial.
we all know this exccept CK didn’t. they worded it like it was guaranteed by creditkarma
Ahh cool 3mil !! Their CEO’s lunch order. Where will the poor CEO eat lunch now?
“You’ve been pre-approved for a $1.84 virtual Visa gift card that expires in 6 months!”
the makers of turbo tax did bad stuff? who knew…
I guess Intuit f’d around and found out.
I’m surprised this wasn’t more intuitive for them.
Karma = What goes around, comes around. Maybe in the form of cash?
It was a $3 million settlement. Chump change
Acquisition didn’t close until Dec 2020. The settlement covers only up through Apr 2021, so this doesn’t sound like Intuit’s doing.