Home > Personal Finance > Credit.com in the News: Feb. 4, 2012

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We had an eventful week with the opening celebration for our new Times Square offices and would like to thank everyone who helped us fete the big event. We enjoyed bumping elbows with a cross-section of industry leaders and dedicated journalists. Our credit and debt experts were on hand to share all of their insight on the industry. Please enjoy this week’s highlights from our credit experts in the media:

Bad Credit Can Cost You A Job

The headline for this story is sad, but true. Many of us could be subject to judgment from out credit history when it comes to potential—and current—employment status. When living in such a credit score-centric society, many of us become determined to build our scores, but not everyone goes about it correctly. Credit.com’s debt expert Gerri Detweiler explains some of the dos and don’ts of credit score building. @karryhannon @forbes

Best Cards You Can Get With a Mediocre Credit Score

Sprung from fierce competition amid the credit card companies, a spot has opened up on the credit field for those who don’t have the most attractive credit history. With new options come new questions, and who better to answer them than Credit.com’s credit expert Beverly Harzog! Her advice can help credit newcomers navigate the world of APRs, rewards and cash back incentives. @JeanineSko @maisstr

FTC Continues its Fight Against Abusive Debt Collectors

The Huffington Post ran an article about the crackdown on unlawful debt collecting practices. The story includes a clip from Fight Back Against Debt Collectors where the hosts recommend Gerri Detweiler’s book Stop Debt Collectors as an in-depth tool for learning the best practices to avoid debt-related problems. @HuffingtonPost

We would like to give a special thanks to our open house guests from the media: Ismat Mangla, Alex Alper, Dan Arnall, Charlie Herman, Kali Gadis, Jeanine Skowronski, Colin Campbell, Kathryn Tuggle, Seth Fiegerman, Mathew Brownell, Farnoosh Torabi, Greg Gilderman, Timothy Barello, Philip Cioppa, Beth Pinsker Gladstone, Charles Chesler and Scott Bilker.

Image: NS Newsflash, via Flickr.com

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Hello, Reader!

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.

Our People

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).

Our Reporting

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.

Your Stories

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