Our friends at Trulia’s focus is building the most vibrant and valuable marketplace in the real estate industry – a platform we can relate to. Because of that, we follow their informative blog religiously and recently came across a post that we had to share: “Apps for the Real Estate Obsessed”. Last week, we highlighted “Furnish”, an augmented reality app for home furniture. This week, we’ll show you “Credit Karma”:
If you’ve ever bought or refinanced a home, it becomes clear, fast, that your credit score determines your fate, in terms of whether you qualify
for a home loan, what rate you qualify for and how much you qualify for (which is impacted by your rate). It also becomes clear that it’s pretty difficult to access your score without asking your mortgage broker to do it. And ideally, you would be able to see your own score and dispute any errors on your credit reports before you bring your mortgage broker into the picture. That’s what Credit Karma does – it provides a handful of scores to help you troubleshoot your credit report before you apply for a mortgage.
When this free credit checking and monitoring app hit the app stores, it skyrocketed to the top of the download charts because it’s free and has a very simple-to-use interface. Unlike most other credit score reporting services, which charge a fee, Credit Karma’s business model is advertising based, so the app doesn’t even collect your credit card information – that’s how free it is. Of course, the flip side is that you’ll get a lot of ads while you use the service, so if that troubles you, make sure you opt out of them on the sign-up page under Communication Preferences.
Download: Credit Karma for iPhone Credit Karma for Android
Read Trulia’s full post on “6 Apps for the Real Estate Obsessed” here.