Credit Karma Settlement
This settlement is closed to new claims. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →
What happened
Credit Karma sent "pre-approved" credit offers to consumers who did not actually qualify for those offers. Many people wasted time applying for these offers only to be denied credit, and some experienced their credit scores drop as a result. The FTC took action to stop Credit Karma from making these deceptive claims and required them to pay compensation.
Do you qualify?
Anyone who requested and received a pre-approved credit offer from Credit Karma, applied for the offer, and were denied credit as a result of the application.
How to file
The claim deadline has passed. The FTC has already distributed settlement funds via checks, PayPal payments (as of October 2024), and is now sending Zelle payments to those who did not cash their check or accept their PayPal payment. Payments are deposited directly into bank accounts.
Common questions
- How much does the Credit Karma Settlement pay?
- The total settlement fund is $3M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.
- Do I need proof of purchase for the Credit Karma Settlement?
- Yes. This settlement asks for documentation supporting your claim — a receipt, an account record, or the notice you were sent. Check the official settlement website for exactly which documents are accepted.
- Is the Credit Karma Settlement notice real, or a scam?
- JND Legal Administration is the settlement administrator for this case. Claims are filed at ftc.gov. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
- When will payments from the Credit Karma Settlement be sent?
- Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. Payments cannot be issued until the court grants final approval and any appeals are resolved.
In the news
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New to class actions?
This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.
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