Regular Contributor
Posts: 591
Registered: ‎11-08-2012
Re: Does having a student loan help or hurt your credit?

bahbahd wrote:

I just recently signed up for Credit Karma and Sesame this past month. I have already stopped using Sesame.  Karma I check still just for a TU update. I also subscribe to TU, EX and EQ service in addition to Score Watch.  I pay too much a month to monitor and check reports. I will cut this back soon, but not yet.


Credit Karma is good for only one thing, free monitoring of your TU report for changes. Everything else it provides is sub-par in my opinion. These sites are able to provide this service for free since they are basically huge advertising tools. They are covered in ads for services. Suggestions for credit repair services, card issuers, personal loans, banking accounts, auto/life insurance, etc. All these "featured partners" are how this site makes money.  It's a bunch of garbage. I wish I had never signed up, giving CS and CK my SSN.


So they only get "paid" if you are clicking on some of the advertisements and using those services right?


By you saying you wish you had never signed up and gave them your SS number...what will they do with it? Do they share it with all of their partners that are advertising on the website? Can there be any security breach with them using it?


I signed up the other night, but of course I couldn't get anything since I have that block on my TU account. I'm wondering if I should call TU and have them remove the block now. I know when I had them put it on there they said that if I ever wanted it removed, it would just cost something like $5 to have it done. It seems to be hurting me in the long run by not being able to pull it by other companies that only use that report.


TU: 804 EQ: 810 EX 785

***$7500*** **$10,000*** **$9000**** ***$10250*** **$10,000*** ***$4500*** ***$6000*** ***$8000*** ***open*******open***