What is Credit Karma and how does it work?

Credit Karma is a personal finance company that operates in the United States with the aim of providing individuals access to free credit scores, reports, and monitoring. It works by partnering with credit bureaus to obtain a user's credit information. Upon signing up, users provide personal details which are then used by Credit Karma to retrieve their credit score from these bureaus. The service also offers tools for credit and financial management, such as insights into factors affecting one's credit score, personalized recommendations for credit card and loan offers based on user profiles, and options for tracking spending. Credit Karma generates revenue by sharing tailored financial products to its users and earns commissions when users register or get approved for those offers. It prides itself on offering these services without charging the consumer, making it an accessible resource for many looking to manage their personal finances effectively.