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Violation Tracker Individual Record

Company: Credit Karma
Penalty: $3,000,000
Year: 2022
Date: September 1, 2022
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: The Federal Trade Commissiontook actionagainst credit services company Credit Karma for misleading to think they were pre-approved for credit card offers for which they did not qualify. Theagency's orderrequired the company to pay $3 million to consumers who applied for the credit cards and to stop making the deceptive claims.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.