TLDR Tech / Fintech
Credit Karma opens site for Americans without credit history
Intuit's Credit Karma is expanding access to people with no credit history, giving “credit invisible” Americans access to tools designed to help them start building a score from scratch. The company's Credit Spark product uses alternative payment data like utility and phone bills to establish credit history, while Credit Builder reports secured credit activity to all three major bureaus. With roughly 17 million Americans lacking a credit history, the move highlights how fintechs are increasingly using alternative data and embedded financial tools to bring younger and underserved consumers into the credit ecosystem.
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