"Claim Your Share: Credit Karma Settles $3 Million Pre-Approval Issue"
Roughly half-a-million people may be eligible for settlement payments from Credit Karma, following an investigation by the Federal Trade Commission (FTC) into false claims made by the company regarding credit card offers. The FTC accused Credit Karma of using "dark patterns" to deceive customers and harm their credit scores. Notices are being sent to eligible individuals, who can file a claim before the March 4, 2024 deadline. The $3 million settlement will be used to reimburse Credit Karma users, with the final payment amount determined by the total number of eligible applicants.
