TurboTax maker Intuit near deal to buy Credit Karma for $7 billion, WSJ reports

TurboTax maker Intuit near deal to buy Credit Karma for $7 billion, WSJ reports
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Not surprised. CK was bound to be gobbled up by a larger company, the data they possess on their users made them a prime target for acquisition.

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I guess Intuit was starting to lose quit a bit of business to CK free tax filling service so I’m not surprised. I hope they don’t kill what’s made CK so useful.

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Deal confirmed.

I loath Intuit, bummer, I hope I won’t have to quit CK. I still run Quicken 2016 in offline mode which isn’t easy since one has to search for 5 separate patches online to get it working on my new Win10 PC.

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i agree. mint integration w/ TT is still poor

Presumably the purpose is to kill CK’s excellent free tax offering.

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At first glance, that’s what I thought. However, I’m not sure how well Intuit leverages the data that they already have.

The email address that they have for me gets spam, at most, three times a year. As much as I hate to give them credit for anything, that’s one thing they do right … as a consumer, but maybe not if you’re an investor.