topic Re: Credit Karma - Now Updated Daily in General Credit Topics

Credit Karma now Updates TU Daily for Free (for some users)

Curious_George2 — Wed, 10 Mar 2021 17:06:45 GMT

Subject line says it all. Here's their popup message announcing the change from weekly updates.

This is a nice change for we credit enthusiasts. I have been getting daily TU scores & reports from a CU for a while now. The VS3 score updates are of limited utility but I like being able to see when new info hits one of the bureaus, in near-real-time.

Also, there is at least one use for the TU VS3 score. US Bank uses it to determine eligibility for their Because You've Earned It program.

Edit: Changed thread title to indicate this change is for some users, per info reported down thread. Turns out some people have had this for months, others don't have it yet. Apparently it's a phased roll-out.

Re: Credit Karma now Updates TU Daily for Free

KLEXH25 — Wed, 10 Mar 2021 04:54:49 GMT

It's interesting that you bring this up because I've been getting daily updates for both TU and EQ on CK for at least a year now. I think I was part of some beta program, and it said it might be temporary when I first got it, but it never stopped. Maybe they're expanding to more people now? I just logged in and got the same message but this is not actually new for me.

ETA - And yes, I find it incredibly helpful to check when balances are updated. It's probably a great way for them to get people to log in more often (worked for me lol).

Re: Credit Karma now Updates TU Daily for Free

Anonymous — Wed, 10 Mar 2021 09:38:05 GMT

@Curious_George2 wrote:
Subject line says it all. Here's their popup message announcing the change from weekly updates.

This is a nice change for we credit enthusiasts. I have been getting daily TU scores & reports from a CU for a while now. The VS3 score updates are of limited utility but I like being able to see when new info hits one of the bureaus, in near-real-time.

Also, there is at least one use for the TU VS3 score. US Bank uses it to determine eligibility for their Because You've Earned It program.

I have WalletHub. It's fine for me for now, not currently being close to applying for a mortgage or auto loan, with its level of granularity. Have you used both and have any features preferences?

Re: Credit Karma now Updates TU Daily for Free

Ficoproblems247 — Wed, 10 Mar 2021 12:52:21 GMT

@KLEXH25 wrote:
It's interesting that you bring this up because I've been getting daily updates for both TU and EQ on CK for at least a year now. I think I was part of some beta program, and it said it might be temporary when I first got it, but it never stopped. Maybe they're expanding to more people now? I just logged in and got the same message but this is not actually new for me.

ETA - And yes, I find it incredibly helpful to check when balances are updated. It's probably a great way for them to get people to log in more often (worked for me lol).

I think they rolled it out in waves. Mine started a few months ago and I've seen different people post about it for a long time now in different intervals. IIRC when you posted about it a long time ago (think it was you at least) it was the very first post I had read concerning it. My EQ still updates weekly, but TU has been daily for maybe 3 or so months now.

Re: Credit Karma now Updates TU Daily for Free

Curious_George2 — Wed, 10 Mar 2021 15:06:54 GMT

Oh. I had missed the other posts about it. Thanks for the info. If anyone reports not having it yet, I guess I should update the thread title.

Re: Credit Karma now Updates TU Daily for Free

Curious_George2 — Wed, 10 Mar 2021 15:08:33 GMT

I haven't used Wallet Hub. Anyone else have experience with both?

Re: Credit Karma now Updates TU Daily for Free

Ficoproblems247 — Wed, 10 Mar 2021 15:56:28 GMT

@Curious_George2 wrote:
I haven't used Wallet Hub. Anyone else have experience with both?

I used it until CK started giving me daily updates. It was nice to be able to see my updated report every single day. CK's UI is far better (IMO, of course.) Wallet Hub is definitely ok, but I found some of their constant suggestions and notifications annoying.

Re: Credit Karma now Updates TU Daily for Free

Anonymous — Wed, 10 Mar 2021 16:03:19 GMT

@Curious_George2 wrote:
I haven't used Wallet Hub. Anyone else have experience with both?

I just joined Wallet Hub (have been using CK for years).

My initial impression -- it's a breath of air compared to CK primarily because the user interface isn't completely bogged down with ads, credit card offers and rate checks. There's also some nice gamification integrated and it looks like some nice financial education integrated in that's a bit beyond what CK includes. They state that they offer TU daily updates, as I believe @Anonymous mentioned, which would be nice as I haven't gotten the daily updates in my CK yet. It only includes TU while CK also includes EQ. Just saw your post, @Ficoproblems247, about the UIs -- CK better to find things?

I also have NerdWallet and Mint which both only report TU V3 but weekly, not daily. Right now, I'd rank Wallet Hub easily above NerdWallet and Mint in terms of usefulness. I'll report back once I can weigh in on scores, updates, etc, in comparison to CK. Perhaps someone with daily CK updates could too?

Re: Credit Karma now Updates TU Daily for Free

Horseshoez — Wed, 10 Mar 2021 16:02:25 GMT

I use both, but for different reasons; CreditKarma offers more information on your current credit situation, WalletHub has better/more comprehensive reviews on all manner of credit products, not just the "sponsored" products.

Re: Credit Karma now Updates TU Daily for Free

cashorcharge — Wed, 10 Mar 2021 20:58:16 GMT

This must still be in "waves" as I have been on the weekly schedule for a while. Just looked and still am...last TU update was 3 days ago.

Re: Credit Karma now Updates TU Daily for Free

Mr_Mojo_Risin — Wed, 10 Mar 2021 22:02:20 GMT

As of today my TU on CK is still only updating once a week.

Like a few others have mentioned, I use Wallet Hub daily just for a quick look at my accounts.

Re: Credit Karma now Updates TU Daily for Free

Anonymous — Thu, 11 Mar 2021 01:55:31 GMT

I've been using WH for years, so CK giving daily TU updates doesn't do anything more for me. Too bad they didn't go with EQ instead, as that would be quite value-adding when coupled with WH daily updates.

Re: Credit Karma now Updates TU Daily for Free

KLEXH25 — Thu, 11 Mar 2021 03:07:00 GMT

@Ficoproblems247 wrote:
@KLEXH25 wrote:
It's interesting that you bring this up because I've been getting daily updates for both TU and EQ on CK for at least a year now. I think I was part of some beta program, and it said it might be temporary when I first got it, but it never stopped. Maybe they're expanding to more people now? I just logged in and got the same message but this is not actually new for me.

ETA - And yes, I find it incredibly helpful to check when balances are updated. It's probably a great way for them to get people to log in more often (worked for me lol).
I think they rolled it out in waves. Mine started a few months ago and I've seen different people post about it for a long time now in different intervals. IIRC when you posted about it a long time ago (think it was you at least) it was the very first post I had read concerning it. My EQ still updates weekly, but TU has been daily for maybe 3 or so months now.

I don't think I posted about it but I have seen others post and I probably commented. Both of mine were updating daily, but now it looks like EQ last updated 3/8.

Re: Credit Karma now Updates TU Daily for Free

nwa479 — Thu, 11 Mar 2021 03:14:45 GMT

TU on Credit Karma just started reporting daily for me yesterday. I've found CK scores used to be way off from my FICO scores but I liked checking for any changes or updates. Also CK credit card details show balances by card in descending order and shows the date the balance was reported

Im also looking at Wallet Hub. Same activity updates. Sometimes changes show up quicker on Wallet Hub

Ive used Experian for my free FICO score and recently tried their 3B report. They report balances of all three FICO monthly for about $25. I dropped this after a month because I prefer the constant score updates on myFico.

I also was able to use a trial one month membership to credit.com to get all 28 3B FICO scores. Search 'extra credit' on google and you should find the offer. If you forget to cancel it's about 25/month.

Re: Credit Karma now Updates TU Daily for Free

NoHardLimits — Thu, 11 Mar 2021 04:23:40 GMT

I just checked my CK account and received the pop up message that TU is now updating daily. When I last looked, 4 days ago, it was still on the weekly schedule. Nice improvement.

Re: Credit Karma now Updates TU Daily for Free (for some users)

Wavester64 — Thu, 11 Mar 2021 15:20:18 GMT

@Curious_George2 wrote:
Subject line says it all. Here's their popup message announcing the change from weekly updates.

This is a nice change for we credit enthusiasts. I have been getting daily TU scores & reports from a CU for a while now. The VS3 score updates are of limited utility but I like being able to see when new info hits one of the bureaus, in near-real-time.

Also, there is at least one use for the TU VS3 score. US Bank uses it to determine eligibility for their Because You've Earned It program.

Edit: Changed thread title to indicate this change is for some users, per info reported down thread. Turns out some people have had this for months, others don't have it yet. Apparently it's a phased roll-out.

Yeah, I got this notice yesterday when I logged in.

Re: Credit Karma now Updates TU Daily for Free (for some users)

Iusedtolurk — Thu, 11 Mar 2021 16:02:26 GMT

I'm helping a friend with their credit and enrolled them in Credit Karma and noticed they get daily TU updates. My Credit Karma still updates weekly.

No big deal because I also have Wallethub and they update TU daily.

Would have been great if CK had did daily updates for EQ.

I guess eventually I'll get the daily updates for TU but as stated before it's not really a big deal.

Re: Credit Karma now Updates TU Daily for Free (for some users)

Anonymous — Fri, 12 Mar 2021 03:52:11 GMT

Yeah EQ is really the outlier. Lots of people get their free daily TU report updates from WH and plenty of others get daily (not free) EX report updates through Experian memberships. I don't know of any daily EQ report update sources, unless EQ itself provides a similar cost-service to what EX has. Would be nice to see a free source of course.

Maybe with CK improving to daily TU reports there's a chance of them also providing daily EQ reports at some point in the future.

Credit Karma - Now Updated Daily

SecretAzure — Fri, 12 Mar 2021 16:20:18 GMT

I logged into Credit Karma today, as I do every Friday, and received a popup letting me know that now the TransUnion score is now being updated daily. This is cool stuff. It's still a VantageScore 3.0 score but it remains a great, free, way to quickly identify funky things on your report. Not much else to say, just wanted to let the community know.

Note: EquiFax is still updated weekly.

Re: Credit Karma - Now Updated Daily

cashorcharge — Fri, 12 Mar 2021 22:42:20 GMT

@SecretAzure wrote:
I logged into Credit Karma today, as I do every Friday, and received a popup letting me know that now the TransUnion score is now being updated daily. This is cool stuff. It's still a VantageScore 3.0 score but it remains a great, free, way to quickly identify funky things on your report. Not much else to say, just wanted to let the community know.

Note: EquiFax is still updated weekly.

Thanks!! My next "scheduled" review is next week so perhaps during that scheduled update, I will get the new notification about the change.