Many Americans struggling with managing their debt become frightened to pick up the phone because of debt collectors. You’ve probably heard stories about deceptive debt collectors, and you may even have been a victim of a debt collection scam. But you’ve probably never heard anything about what it’s like to be working in collections. Learning more... Read More
An FSA card is the debit card that allows you to access money in your flexible spending account. This is an account that is set up alongside your health insurance, and you can choose to have pretax dollars from your paycheck routed into it. Those funds can then be used to pay for certain qualifying medical expenses. What Are the Benefits of an... Read More
Article Updated June 5, 2018 by Brian Acton Vacations can be prohibitively expensive, a cruel truth for Americans who want to travel but don’t have the money. Many will resort to borrowing; a 2017 Learnvest survey found that 74% of Americans have gone into debt for a vacation, with the average debt accrued per trip... Read More
Credit cards may be in the wallets of most Americans, but not everyone is happy with their travel companion. The Consumer Financial Protection Bureau (CFPB) released its monthly snapshot of consumer complaints in the financial services industry this week. The report, which regularly focuses on a different financial product to highlight consumer complaint trends, focused... Read More
Just 10 days after taking office, President Donald Trump continued to check items off his campaign promise list as he signed his latest executive order on limiting regulation of small businesses. The executive action, titled “Reducing Regulation and Controlling Regulatory Costs” was signed Monday morning after President Trump met with small business owners. The four-page... Read More
When you don’t have a credit score good enough to get a loan, it’s easy to feel stuck. It takes credit to build credit, after all. Some borrowers turn to friends and family to help. Specifically, they may ask someone in their life to co-sign for them. When someone co-signs for an account on your behalf,... Read More
Besides the obvious fact that there are only so many credit cards you can squeeze into your wallet, there are times when you might consider paring down or simplifying the credit cards you carry. Before You Close a Card… Before you start cutting up cards and calling issuers to close your accounts, there are some... Read More
It’s the weekend that kicks off summer, but it’s also the kickoff of summer spending. Memorial Day trips can get pretty expensive unless you’re hunting for deals. Priceline.com recently rounded up some of the best hotel deals on Memorial Day travel and the top three come in under $100 — keeping that total hotel bill... Read More
Credit card debt has never been so adorable. A new ad for Canadian debit card program Interac features Max, an Australian Shepherd with a love of Kobe beef sliders, dog bones and plush toys … and a big problem with spending. As the (fictional, just to be clear) story goes, Max learns how to use the internet,... Read More
Remember a while back when Netflix was a total bro and let current subscribers keep their lower monthly subscription rate instead of charging the higher rate that new customers received? That’s changing next month. In 2014, Netflix raised the price of its monthly standard streaming plan from $7.99 to $9.99, and existing customers rejoiced when they were allowed... Read More
Credit.com receives compensation for the financial products and services advertised on this site if our users apply for and sign up for any of them.
Thanks for checking out Credit.com. We hope you find the site and the journalism we produce useful. We wanted to take some time to tell you a bit about ourselves.
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.
In addition to appearing on Credit.com, our articles are syndicated to dozens of other news sites. We have more than 100 partners, including MSN, ABC News, CBS News, Yahoo, Marketwatch, Scripps, Money Magazine and many others. This network operates similarly to the Associated Press or Reuters, except we focus almost exclusively on issues relating to personal finance. These are not advertorial or paid placements, rather we provide these articles to our partners in most cases for free. These relationships create more awareness of Credit.com in general and they result in more traffic to us as well.
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.
Visitors to Credit.com are also able to register for a free Credit.com account, which gives them access to a tool called The Credit Report Card. This tool provides users with two free credit scores and a breakdown of the information in their Experian credit report, updated twice monthly. Again, this tool is entirely free, and we mention that frequently in our articles, because we think that it’s a good thing for users to have access to data like this. Separate from its educational value, there is also a business angle to the Credit Report Card. Registered users can be matched with products and services for which they are most likely to qualify. In other words, if you register and you find that your credit is less than stellar, Credit.com won’t recommend a high-end platinum credit card that requires an excellent credit score You’d likely get rejected, and that’s no good for you or Credit.com. You’d be no closer to getting a product you need, there’d be a wasted inquiry on your credit report, and Credit.com wouldn’t get paid. These are essentially what are commonly referred to as "targeted ads" in the world of the Internet. Despite all of this, however, even if you never apply for any product, the Credit Report Card will remain free, and none of this will impact how the editorial team reports on credit and credit scores.
Lastly, much of what we do is informed by our own experiences as well as the experiences of our readers. We want to tell your stories if you’re interested in sharing them. Please email us at story ideas [at] credit [dot] com with ideas or visit us on Facebook or Twitter.
Thanks for stopping by.
- The Credit.com Editorial Team