The Latest Breaking News from Credit Karma

We spend almost £1bn a month through retailers’ spread-the-cost payment schemes. But many borrowers find themselves missing payments, covering instalments with credit cards – and using the schemes to pay for food and other essentials. Is online credit spiralling out of control?

A quarter of parents say they having to shell out a further £110 a month for childcare

"The rising cost of living has felt relentless for many households over the last year"

The FTC order came after nearly a third of Credit Karma users who were told they qualified for preapproved credit card offers were actually turned down, wasting their time and hurting credit scores.