Credit Karma Pre Approved Settlement: Is It Scam Or Legit? Read This

Did you receive the Credit Karma Pre Approved Settlement email? It’s not a scam.

The Federal Trade Commission (FTC) is dishing out refunds to people because Credit Karma agreed to pony up $3 million. Why? Well, turns out Credit Karma allegedly told people they were “pre-approved” or had super high approval chances for loans. Later, these same people got a bit of a reality check when they were denied those lending opportunities.

Who Is Eligible For The Credit Karma Pre Approved Settlement

Nearly half a million people are in for a little payday because they got caught up in a Credit Karma offer. So, you get this invite saying you’re basically a shoe-in, “pre-approved” and rocking “90% odds” for some credit goodness. Sounds great, right? Well, here’s the twist – the Federal Trade Commission (FTC) says Credit Karma sort of played a trick. They made people believe they had a golden ticket when, in reality, their credit dreams got shattered. So, these people wasted their time applying and, in some cases, had their hopes crushed. Now, they’re getting a little something back as a consolation prize.

How Much Is The Settlement

Credit Karma is paying up $3 million to settle things with the FTC over their not-so-honest credit promises. Now, the FTC is handing that money back to the folks who got tangled up in this mess.

If you’re one of them, you might get some cash. They haven’t given us an exact amount, but it depends on how many people step up and file claims. No rush though, there’s no deadline to say “no thanks” or complain about it. So, if you’re in the mix, keep an eye out for a chance to grab some of that settlement money.

How To File A Claim

If you are eligible, fill out a valid claim form before the deadline on March 4, 2024

Click here to fill out a form.

Conclusion

Credit Karma Pre Approved Settlement is not a scam. Just like LoanCare Data Breach Class action, if you’re one of them, you might get some cash. They haven’t given us an exact amount, but it depends on how many people step up and file claims. No rush though, there’s no deadline to say “no thanks” or complain about it. So, if you’re in the mix, keep an eye out for a chance to grab some of that settlement m

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