Credit Karma Fined £3Million by FTC For Misleading Consumers With Credit Card Offer

Credit Karma Fined £3Million by FTC For Misleading Consumers With Credit Card Offer

Credit Karma , which has 100 million members in the US, Canada and the UK,

Credit Karma , which has 100 million members in the US, Canada and the UK,

Credit Karma ,  is best known for letting customers access their credit scores and other personal finance tools for free

Credit Karma ,  is best known for letting customers access their credit scores and other personal finance tools for free

It also offers third-party credit cards and loans to customers, tailored to their credit history.

It also offers third-party credit cards and loans to customers, tailored to their credit history.

But according to the Federal Trade Commission, the credit services company had deployed ‘dark patterns’ to misrepresent that consumers were ‘pre-approved’ for credit card offers.

But according to the Federal Trade Commission, the credit services company had deployed ‘dark patterns’ to misrepresent that consumers were ‘pre-approved’ for credit card offers.

According to the watchdog’s complaint, Credit Karma violated Section 5 of the FTC Act.

According to the watchdog’s complaint, Credit Karma violated Section 5 of the FTC Act.

Under the Act, the FTC has the authority to take action against companies for engaging in unfair and deceptive acts or practices.

Under the Act, the FTC has the authority to take action against companies for engaging in unfair and deceptive acts or practices.

The FTC’s proposed order against Credit Karma requires the company to:

The FTC’s proposed order against Credit Karma requires the company to: