Credit Karma has launched a new, web-based tool that turns your credit score into an easy to read report card that grades your credit health. Best of all? It’s free. Credit Karma CEO, Ken Lin, was excited to talk about the new reporting tool that provides insight for consumers who don’t understand their credit score, but actively want to improve it. Taking into account the five major influencers on a consumer’s credit score (credit card utilization, length of credit, on time payment history, etc. ), it grades each metric and gives an overall grade.