It’s an American classic: the yard sale. Or tag sale, garage sale, attic sale, porch sale, barn sale, junk sale, moving sale, and the ever-popular rummage sale. Sharing your household excess with others while making a pocketful of change is a tradition that’s been around for as long as people have been collecting clutter. But don’t make... Read More
Automated calls are becoming more frequent and more infuriating. Weren’t they supposed to have been banned? Yes, but that hasn’t happened in practice. According to the Better Business Bureau, the federal Telemarketing Sales Rule prohibits recorded sales messages unless you have given written permission for the caller to contact you, regardless of whether or not your number is on... Read More
Hurricanes, earthquakes, tornadoes, floods, fires: Disaster strikes all the time. But until it hits close to home — literally — most people assume it could never happen to them. Unless You Have a Photographic Memory … Sure, most of us have insurance. But how many have a full home inventory? Without one, if you lose it all,... Read More
Everybody makes mistakes. But while nobody’s perfect, there’s no reason to waste hundreds or even thousands of dollars on financial moves that are proven folly. Here are eight common financial fouls you can avoid. 1. Borrowing to Buy Depreciating Assets Problem: Your IOU becomes an OMG when your purchase loses value. That’s why the housing crisis was... Read More
Americans buy — and keep — a lot of stuff. That’s made self-storage a $24 billion industry, according to its major trade group, the Self Storage Association. According to the SSA, 84% of all U.S. counties have at least one self-storage facility. It’s been one of the fastest-growing sectors of the commercial real estate industry for the past... Read More
More than 20 million people will go on cruises this year, spending an average of $1,779 per passenger per week, according to Cruise Market Watch. The advantages people find in this type of travel include the opportunity to explore multiple destinations without checking in and out of hotels, having amenities and entertainment all in one place, and the chance... Read More
After 30 years, the Treasury Department is losing its “use it or lose it” policy regarding health flexible spending accounts. “To make health FSAs more consumer-friendly and provide added flexibility, the updated guidance permits employers to allow plan participants to carry over up to $500 of their unused health FSA balances remaining at the end of... Read More
Do we get wiser as we age, or do our mental abilities decline? The answer is probably both, new research says. Researchers from the University of California, Riverside, and Columbia University tested the decision-making skills and intelligence of 336 participants for a study published in Psychology and Aging. There were 173 participants between ages 18 and 29, and 163 between 60... Read More
College students need more than Credit 101 — they need schools with holistic ﬁnancial literacy programs. That’s the message of a new study by EverFi. It says reactionary help, such as default management or loan exit counseling, isn’t as good as teaching students money management all along. “A freshman in college may beneﬁt most from education around school loans, budgeting... Read More
The number of U.S. households that pay federal income taxes is rising, the Tax Policy Center rel=”nofollow” says. The center credits a better economy and the expiration of some tax cuts. About 57% of households will pay federal income taxes for 2013, it estimates. In 2009, that figure was 53%. That doesn’t mean those who will pay no federal income tax are tax-free.... Read More
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The Credit.com editorial team is staffed by a team of editors and reporters, each with many years of financial reporting experience. We’ve worked for places like the New York Times, American Banker, Frontline, TheStreet.com, Business Insider, ABC News, NBC News, CNBC and many others. We also employ a few freelancers and more than 50 contributors (these are typically subject matter experts from the worlds of finance, academia, politics, business and elsewhere).
We take great pains to ensure that the articles, video and graphics you see on Credit.com are thoroughly reported and fact-checked. Each story is read by two separate editors, and we adhere to the highest editorial standards. We’re not perfect, however, and if you see something that you think is wrong, please email us at editorial team [at] credit [dot] com,
The Credit.com editorial team is committed to providing our readers and viewers with sound, well-reported and understandable information designed to inform and empower. We won’t tell you what to do. We will, however, do our best to explain the consequences of various actions, thereby arming you with the information you need to make decisions that are in your best interests. We also write about things relating to money and finance we think are interesting and want to share.
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Our Business Model
Credit.com’s journalism is largely supported by an e-commerce business model. Rather than rely on revenue from display ad impressions, Credit.com maintains a financial marketplace separate from its editorial pages. When someone navigates to those pages, and applies for a credit card, for example, Credit.com will get paid what is essentially a finder’s fee if that person ends up getting the card. That doesn’t mean, however, that our editorial decisions are informed by the products available in our marketplace. The editorial team chooses what to write about and how to write about it independently of the decisions and priorities of the business side of the company. In fact, we maintain a strict and important firewall between the editorial and business departments. Our mission as journalists is to serve the reader, not the advertiser. In that sense, we are no different from any other news organization that is supported by ad revenue.
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- The Credit.com Editorial Team