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Credit Karma’s New Feature Graphically Compares Credit Card Clientele

creditkarmalogo.jpgUsing data collected from 5+ million credit cards it tracks, Credit Karma recently released a new feature called Credit Card Statistics. It can be used by consumers, or banks, to compare the customer attributes of various cards or card issuers. 

The following portfolio metrics are available:
    • Credit-score distribution (see example below)
    • Average credit-limit distribution
    • Average balance distribution
    • Credit limit-utilized distribution
    • Age-of-cardholder distribution

It also provides a Yelp-like platform where clients can write and read reviews about the credit card.

To learn more about Credit Karma, watch its FinovateStartup 2009 demo.