Credit Karma Review

all right guys welcome to the credit game this is super exciting because this topic we're talking about there's so many people that are asking about this topic again remember that this channel is about you guys it's about what you want to know the questions you ask and that's why the credit game was put together it's not just random topics what i do is i put topics together based on your questions and the things that you want to know so i've got something that is going to be um just absolutely exciting today and we're going to be talking about credit karma okay now you guys know if you've been following me for a while or maybe it's your first time on channel first of all if your first time on channel please do me a favor this is the only credit channel that does it every single day monday through friday i bring you the up-to-date best information the new data what's coming out with fico what's coming out with all kinds of different up-to-date information about credit okay now first time do me a favor and subscribe to the channel it means the world to me and also helps the algorithm give me a thumbs up at the end of the video or now if you um find value in what i'm doing every day again i'm doing it every day for you guys i'm holding you accountable to every day to bring value to you and lastly this is the one you guys keep missing there's a little bill make sure you turn on that bill because that little bill right allows the videos to come in every day and you get to see the videos that i'm putting out see if i'm coming to you every day and you don't get to see it every day then what's the benefit so subscribe smash the like button hit the bell notification and then watch this video now here's the cool thing i'm doing a review on credit karma what do people want to know about credit karma okay so you guys know it is not my favorite again if you've been following me for a minute you know it's not my favorite credit monitoring service but i want to tell you why and i'm also going to do a quick review and let you know some of the most accurate ones as well and some of the downfalls that you could come across if you don't fix this now credit karma is not accurate because they are using what they call a vantage 3.0 scoring model okay they're not using fico i said again credit karma uses vantage 3.0 scoring model now 79 of lenders in america are currently using fico there are a portion of people that still are gonna pull vantage okay you might get lucky and use it but for the most part most people are generated scores are coming from fico well that's fico two fico five fico eight fico nine or maybe even the new fico ten that's coming out which almost every lender if they're smart we'll do a trending fico ten okay so but did you guys know that there are 67 different scoring models 67. you know what the most accurate one is myfico.com you would think that if you went straight to the bureaus and did like an experian.com or equifax.com or transunion.com those are actually third-party companies myfico.com is the absolute most if you're going to go credit bureaus scoring models my myfico.com is the most accurate third-party company okay now let's say you go to buy a house okay and you walk in you're looking to buy a house and you checked your credit karma here's one the reason why i don't particularly like it i'm going to tell you some pros about it as well but let's say that you went up and you're looking to buy a house okay and you looked at your credit karma because you're thinking that hey transunion equifax they don't give you experian but you're like hey i've got a you walk in you're like you walk into your uh bank and you're like hey i got a 675 score on credit karma looking pretty good right so they're telling you oh i can get you you know two percent interest rate you know low down payment and then they pull your true fico which i'm going to tell you in a minute about a code okay so keep this in the back your mind for a second you walk in they tell you you know very low down payment decent score we can get you this rates we can get you this interest rate because you're at a 675 then they go pull your true fico okay now the most accurate score that you can get is done by credco and there's a couple other companies that have this code as well but the most accurate score and i'm not talking about third-party companies lenders have the most accurate up-to-date on-point credit score known to man the most accurate on the planet okay certain lenders have this code it is directly to the credit bureaus not third party but you walk in thinking that hey i can get a low down payment low interest rate and they come back and they say hey mike it looks like you're gonna have to put down at least ten thousand dollars and instead of that you know two percent interest rate that we thought we can get you you're actually going to be 3.9 or 4.5 because your credit score okay it's 625 not 675. and that's the problem with credit karma it's usually inflated anywhere between 30 and 50 points okay because they're using a different scoring model when you buy a house they're certainly not pulling vintage okay they're gonna pull your fico okay and they're gonna pull true fico so why would you want to go to credit karma when you're looking to buy a house car get some credit cards i'm just telling you this is why i'm reviewing it probably not the most accurate great platform free most popular i'm going to share with you in a minute how they make money but it is not going to be an accurate score depiction of your credit score and you're going to be disappointed when you go in to go get a car or go get a loan for a you know a mortgage or you keep getting denied for credit cards and you're wondering why am i getting denied that's because you're using credit karma to judge your credit score based on what you think it is and what your true score is okay so and this happens all the time people walk in to get a car right and they think they have a 700 credit score they walk in car dealership pulls their credit they end up pulling uh you know a fico five and then guess what happens you end up with a 633 and you're like wait a minute no i'm a 700 i'm pulling up my credit card right now it shows 700. i should be able to get this vehicle well ma'am sir here's what's going to happen you're going to have an interest rate of 14 and you got to put down at least 5 000 you thought you had a great score okay this is the problem with credit karma now i'm not here to bash credit karma because again it's a great platform it's free it could give you a good idea of what your credit score is but again if you maybe take that in consideration that it's inflated 30 to 50 points what i would do because it's such a fluctuation is maybe decrease what they are telling you by 30 points and that'll probably give you an accurate idea of where your credit score really is okay or my fico is of the 67 different scoring models that is the most accurate of everything myfico.com so this is why i wanted to do a review i wanted to do a review to share with you guys that look again it's a great platform here's how they make money you're like well how do they make money to free company well every time you apply think about credit karma right you ever been on credit karma and they like they have all these credit cards that pull up right and they're like suggested credit cards they think you can get based on your score which by the way are not accurate they they tell you a little scale right how likely you are to get the credit well every time you apply okay they've partnered with thousands of credit card companies so whenever you apply and if you do get approved the credit card company pays credit karma a portion because they're advertising for them that's how credit karmic becomes a billion dollar company but free to the general public okay so just give you a little bit of idea how that works now overall it's a good platform from the standpoint of a general idea if you guys don't want to spend the 20 bucks a month to get a real fico score i would suggest and implore you if you're buying a car getting a house or trying to apply for credit cards do not use credit karma as a depiction of where your credit score is or you're going to be grossly disappointed when they come back okay they do the best they can but there's a reason it's free okay so what i want to share with you guys is this information as well okay certain mortgage pools have a code okay this code is only given out to certain lenders like i said before credco is one that has it a few other companies have this as well this is the most accurate credit score on the planet this code is not even given to my fico or any of the three credit bureaus okay but what happens is when you go to pull a lender now this again cars have a very close they can pull close but the most accurate credit score you can get is a mortgage pool that pulls from credco because credco actually has the code now again i don't know the list of other companies that have it there are several that have it but most lenders when they're pulling your credit are going to have a very very very very accurate fico score now i've been telling you guys this for how long now about fico 10 coming out that's already been adopted okay note this now on september 1st i'm doing this live note this on september 1st 2020 you guys who not paying attention to your credit score okay who don't every time i do a video i share with you look here's what i can do for you here's how i can help you okay at some point you got to make a decision okay you got to make a decision for yourself and your family okay if you feel like going to get a mortgage and use credit card when you get there and they tell you hey we can get you a mortgage but you're going to be at an interest rate of 10 and you got to put 10 000 down you're going to be upset if you go into a car dealership and you're using credit karma right and they tell you oh we can get you a car it's going to be 3 000 down and you're going to be paying 14 interest rate and the same vehicle that you could be getting for 375 dollars a month you're actually paying 650 a month for because of your interest rate it's not it's not fair it's the same car why would you want to pay 650 a month versus 350 a month for the same exact car okay it's laziness and and what happens is you guys become complacent with your credit score you're so like well i lived with it for the last 10 years so why fix it yeah i mean you know i got people on my you know my channel you know some of my people i'm blessed i got a 2012 charger i've got it for 659 with 5 000 you're not blessed you're being hosed you get you're getting your car the car should be 300 bucks a month but you got it for 650 and you're putting blessed on my channel guys i come to you every day to help you all i need you to do is make a decision and take action that's when things happen a decision without action is a dream i got a decision i'm going to make a decision i'm going to fix my credit but i'm never going to call mike in this company i've got a decision i'm going to fix my own credit but i'm not even going to take the time to fix my own credit right you've lived with it bad credit so long that it's ingrained in your head that you're a cash person right it's okay not to have credit cards it's okay to pay high interest rates it's okay to not get a new house it's okay to live in a slum apartment it's okay to drive a beater you are living your life with just average okay i'm not gonna let that happen to you okay i'm gonna include the secret lenders list if you guys don't know what the secret lenders list is this is a document i'm gonna give you guys for free okay i'm gonna tell you something ahead time i would definitely not apply for credit cards most credit card companies are looking for you know 650 to 700 credit score if you're getting denied there's a reason okay and i can tell you the reason in two seconds okay if you're going to get a mortgage or trying to get a trying to get a car and you don't want to get hosed you might want to do a few things prior to that so that way you're put in a good position when you walk in if i walk into a dealership they throw rose petals down right i got an 827 they they're eating out of my hand they're going hey what kind of uh lambo do you want pick which one you want i want zero percent interest i want no down payment i want that gallardo okay i want that spider right there that's what i do that's called living life with good credit you guys are just okay with the 2012 because you've settled you've lowered your standards so much that you're just okay with having just an okay life i'm just content i'm happy i'm just gonna fit in with the regular 76 percent of america who just lives a you know okay life why do you want that that's what i want to ask yourself aren't you better than that you're put on this earth you're here you're watching this video that means you had a 400 billion chance of being alive and guess what while we're sitting here talking there are people that are taking their last breath and dying make a change for yourself and your family i tell you guys this all the time when you call me be ready to make a change that means you already made a decision that you're gonna fix your credit that you are ready to make a move and you're like you know what i am committed i made a decision now i take action when you got a decision with action it's game over okay so how have i helped thousands of people in the last 60 days but then you guys call me and say i need to think about it don't call me if you need to think about it you've been thinking about it for the last 10 years with bad credit call me and say hey look i've made a decision i'm tired and sick and tired of bad credit i want to have the help the right help the fast help the best help i've got the best in the nation guys hands down if you want the help i will help you but you got to make a decision and when you call okay when you call me and say hey look i i need help don't call me to say i need help and then i need to think about it okay thinking about it doesn't change that's what happens when you made a decision and then you say i think about it there was no action now you have a dream okay i don't go to a dealership and just say i wish i would be able to drive this this lamborghini i just i i could just envision myself driving it okay bye take care guys i go in with a decision to make the purchase guys go in with an open mind that you're investing in the rest of your life remember an 800 credit score or higher is valued at over a hundred and fifty thousand dollars in cash that is what i'm talking about that's the decision i need you to make i want better credit so i don't have to pay higher interest rates i can walk in get whatever i want my vehicle i can get and i want a house i can get whatever house i want okay within reason with your finances okay i can get 20 30 000 credit limits if i apply right now for for a credit card i don't i don't doubt that i'm gonna get uh denied for a credit card i know that i'm gonna get approved i know when i walk in a dealership i can get whatever car i want i know that i could go buy whatever house i want why because i took action after making a decision to fix my credit okay don't use credit karma guys this is the base of this video don't use credit card the second part is this if you're just sick and tired of having bad credit and getting denied over and over again and and you want that peace of mind to say hey you know what mike you're right i i want good credit man i'm tired of being the bum in my family right stop with this i need to talk to my wife about my stop stop okay i don't need to i need to talk i need to think about it i need to talk to my wife all this bs is because you can't make a decision that's all that is is you're scared to make a decision it's time to man up or warm it up and make a decision that you're going to change the rest of your life this is what we do at my company we change lives i've changed thousands of lives in the last 60 days and i want you to be one of them but i also need you to be decisive and stop bsing around with this i need to talk to my wife i need to think about it ain't got time i'm driving all of a sudden stop make a decision if you want to fix your credit and take action on it if you take action here's one thing i'll promise you i won't let you down okay i am confident that you will be in a much better position in a few months versus being drug out like most of these companies will okay i am confident because we have a program that has helped thousands of people i've got testimonies from here to china that i can show you five star reviews of people that are literally doing this the problem is you call with this i need to think about it thing and you've had a decision i'm gonna pick up the phone that was my decision i want to fix my credit today i'm ready i'm ready ready i need to think about it i need to ask my wife look if your wife was the person who was gonna change your credit god dawg don't you think your credit would have been good already you're going to go backwards and ask i need to ask my wife or my husband if it's okay that i fix my credit so i could be better for my family i want to be better for my i want to make sure it's okay with my wife you might just cut your balls off i want to make i want to go ask for permission to see if it's okay if i fix my credit so i could be the man of the house i just want to ask my husband if it's okay that uh we you think your wife or your husband's gonna say no you're a freaking idiot for wanting to fix your credit and better your life if your wife or husband says that i would be ditching my wife and my husband okay yes my wife and i talk about things and i hope that you guys have talked about your credit and the reason why you guys can't do things is because of your credit i'm on a rant boy today you guys are firing me up because listen if you have to talk to your wife or husband that is an excuse for you not being a man or a woman that wants to change your life the only person that can change your life is you not your husband and wife i get it i need to talk to my wife and husband and i'm sure you've already done that already and i'm sure they see that you're struggling as well with your credit cause most people and husbands and wives already talk okay so how about taking yourself grabbing yourself down there excuse my language guys you know this right and man up this whole i need to talk to my wife or i need to think about this stuff this is a game okay all that is a game for i can't be decisive because i've lived with it so long that i want it in my life i wanted my life i wanted my life and then you call me and you're like i need to think about it now you don't need to think about it you've been thinking about it for 10 years you've had credit for 10 years what do you mean you got to think about it you want to think about it for another 10 years or do you want to take action and actually get work done and live like i live my life i go where i want come and go as i please go as for long as i want go to any vacation i want my business runs itself and the reason i'm able to do that is because i made a decision okay to finally say you know what a sick and tired sick and tired i had a 505 credit score and now i have a 728 and i use the credit game to do it the platform that i'm i have i used to go from a 505 to 827. i used it i created the program for me and then it worked so well that i'm like you know i have to share this with the world my job is to create my vision is to create the national credit score and raise the national credit score average right now it's at 667. my goal is thinking so big that i'm going to change the entire national credit average to over 700. that's the kind of things that i think about not can i fix johnny's credit by adding a trade line guys you need to make a decision i'm going to add a secret lenders list as a document for you guys which is going to cover what credit bureau the card pulls from the credit score needed to get the card and it's going to let you know the approximate credit limit you can get i'll put that document below but i'm telling you something right now if you think you're going to get the best rates on a car a house or even get approved for any of those or get some credit cards and you're under 700 it's not likely if you do again you're going to get a high interest rate paying three times the amount you should be paying think about a mortgage for a second think about it you i want to get my new home i want to get my new home and you end up paying 3 400 bucks more a month over the next 30 years because you would not make a decision to fix your credit it's the most important tool of an adult the sandbox is an important tool for children right that's how they play adult toy is called credit so tighten up i come to you every day to give you guys the motivation to help to hold you accountable to make sure that your credit gets fixed so you can live a life on your terms and not somebody else's 904 426 904-420-7772 if you're in your head right now and you're like you know what i'm sick and tired and sick and tired then call me and i will change your life 904-420-7772 i love you guys i get on a rant because i love you and i want to help you i am now going to give back what i learned over the last 10 years and that's what i want to do for you thank you for watching credit game my name is mike i come to you every single day call me so i can help you change your life and you can be the hero inside of a zero take care guys

Channel: The Credit Game

Views: 34,403

Rating: 4.9116278 out of 5

Keywords: Credit Karma Review, Is Credit Karma accurate, credit reporting apps, credit reporting services, pros and cons of credit karma, Tradeline Cheat Sheet, credit monitoring app, credit monitoring service, The Credit Game, Credit Secrets, credit game, tradelines, how to get my credit report, how to get my credit report free, credit report, paid credit monitoring, experian, transunion, equifax, experian app

Id: XUuAQLT_pXM

Length: 22min 49sec (1369 seconds)

Published: Tue Sep 01 2020