All Articles Tagged "comparing credit cards"
(Daily Finance) — Credit card companies know where you shop, how much you spend on average and your credit history. But what do you really know about them? CreditKarma.com’snew Credit Card Statistics tool, which launched Wednesday, is the latest online widget to pull back the curtain on those lenders, showcasing statistics like customers’ average credit limit,credit scoreand age. It also contains user-generated reviews of real-life credit card experiences and lets you share your own rants or raves. For consumers, the tool could lead to better decision-making about where to apply for credit, which will help reduce the odds of a credit-dinging turn-down. “We want to help consumers set expectations around credit limits,” said CreditKarma.comCEO Ken Lin.