Home > Personal Finance > Follow Friday: Weekly Web Roundup (9/9/11)

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We’re going back to basics this week, offering you all the news, advice and tips in the world of credit. This week’s topics include new innovations and revelations. They also include tips and advice on how to choose the best card and to improve your credit score. As always, if you enjoy any of our favorite bloggers, we encourage you to follow them on Twitter for regular updates. And don’t forget to follow Credit.com at @CreditExperts

A Credit and Debit Card: 2 Cards in One
Finally! Fifth Third Bank is introducing a charge card that enables its users to choose between credit and debit when making a purchase. This trend has a serious chance to catch on since it offers consumers an added level of convenience … and banks an opportunity to charge fees for customers’ credit charges. As with most financial conveniences, consumers should be careful with how they use this card. @NYTimes

[Related Article: Bank Unveils Debit and Credit “Duo Card”]

Credit Card Applications More Transparent, Still Not Terrific
After reviewing several credit card applications, now that the CARD Act transparency rules are in place, a recent study found that there are improvements across the board. Of course, you still have to labor through the fine print to get all of the info you need to know.  @TimeMoneyland

Why Two Credit Cards Are Better Than One
We’re big proponents of taking control of your finances, not running up overwhelming debts, and streamlining your payments. That said, it’s not a bad idea to have a “back up” or emergency credit card. Of course, we urge consumers to pay down balances and be mindful of spending, but adding a second card can be beneficial to your credit portfolio. Here’s why… @Forbes

[Resource: Get your free Credit Report Card]

Nine Myths on How to Build Better Credit
Much like money, health and looks, credit is something that most people are always trying to improve upon. Also similar to life’s other pursuits, many are trying to improve their credit in the wrong way. This article demystifies some of the ideas about credit building. @FoxBusiness

How to Choose a Credit Card That’s Right for You
With so many new cards promising new rewards and new APRs being introduced seemingly every day, it can be difficult to know that you’re making the right choice. This article shows you how to look at yourself through the eyes of the card issuers, size yourself up and define what credit card attributes best serve you. Make sure you read down to the Final Word for words of wisdom. @MoneyCrashers

[Featured Product: Looking for credit cards for bad credit?]

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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.

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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).

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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