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Credit Karma Deals

Valued Member

Credit Karma Deals

My mother went through Bankruptcy several years ago and is slowly rebuilding her credit.  She received an auto loan with a very high interest rate about 1.5 years ago.  She signed up for Credit Karma and she sees these deals that offer her a lower interest rate and savings.

 

My question is, are these deals legit?  She has been pondering them but I told her to hold off until I do some more research and thought I would start here.  Does anybody have any feedback after using these services?

Message 1 of 5
4 REPLIES
Established Contributor

Re: Credit Karma Deals

I know a few people have used the offer through Credit Karma on the forums. Can you provide the name(s) of the company that is "offering" the deal?


2010: 475 EQ 2011: 503 EQ 2012: 600 EQ2013:632 EQ
Starting Score: 634 EQ-3/13/13
Current Score: 706 EQ-8/29/13 703 EX-7/12/13 705 TU-8/9/13
Goal Score: 700

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Message 2 of 5
Valued Member

Re: Credit Karma Deals

The offer is from Blue Harbor.

Message 3 of 5
Established Contributor

Re: Credit Karma Deals

There is a thread about them....

 

http://ficoforums.myfico.com/t5/Auto-Loans/Blue-Harbor-Auto-Loans-Blue-Yield/td-p/1345381


2010: 475 EQ 2011: 503 EQ 2012: 600 EQ2013:632 EQ
Starting Score: 634 EQ-3/13/13
Current Score: 706 EQ-8/29/13 703 EX-7/12/13 705 TU-8/9/13
Goal Score: 700

Take the myFICO Fitness Challenge
Message 4 of 5
Established Contributor

Re: Credit Karma Deals

I feel like trying to refi through her bank or a local credit union would be a much better course of action to investigate first.

Message 5 of 5