Home > Personal Finance > Credit.com in the News 4/9/12

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Credit.com in the NewsThis week the experts from Credit.com contributed to a wide range of publications on subjects including taxes, identity theft, credit scores, credit cards and debt. Check out the hits…

Credit.com co-founder, Adam Levin spent last week on the west coast and stopped by some of his favorites news outlets to talk credit and identity theft. He weighed in on the very serious threat of identity theft in the form of online and phone questionnaires or contests with Diane Whitaker at KOMO Seattle. In this story two friends received phone calls offering them free Iphones in exchange for personal information. Adam explains that your personal information is as good as gold and that you should protect it as such. @komonews @Adam_K_Levin

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Adam continued on this topic with good friend and MSN columnist, Herb Weisbaum. They explain the “Smishing” phenomenon urge people to be mindful of any email, text, or phone call you receive that requests any of your personal information. Adam also points out that a phone is often no longer a phone, but acts as a computer that should be protected with the same security. @TodayMoney

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Our credit card expert, Beverly Harzog spoke to Business Insider editor Jill Krasny about the problem with over thinking the process of obtaining credit in an article titled “How I Learned to Stop Worrying and Embrace The Credit Card” . @BIYourmoney @BeverlyHarzog

Beverly also spoke to Susana Kim at ABC about what to expect when there’s a data breach at your credit card company or its payment processor. With the uptick in the amount of these breaches and how widespread they’ve become, it is cautioned for everyone with a credit card to take preventative steps to keep their credit and identity safe. @ABC @skimm

Visa is no longer using their debit card processor, Global Payments after its recent data breach Global Payments after its recent data breach, despite the processor’s assertion that the breach is “contained”. Beverly spoke to J. Scott Trubey at her hometown paper the Atlanta Journal Constitution about credit card data security risks. This is a new way to look at credit and unfortunately it’s a bit dark. @ajc @fitztrubey

Credit.com’s credit scoring expert Tom Quinn contributed to The New Jersey Star Ledger’s Biz Brain column, written by Karin Price Mueller. A reader’s credit limit was cut after her credit card company learned she was unemployed. She wondered if that would hurt her credit. The answer is yes, and Tom explains why. @nj_news @kpmueller

Want to speak with one of our experts? Email us at pr(at)credit.com.

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Certain credit cards and other financial products mentioned in this and other articles on Credit.com News & Advice may also be offered through Credit.com product pages, and Credit.com will be compensated if our users apply for and ultimately sign up for any of these cards or products. However, this relationship does not result in any preferential editorial treatment.

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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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Credit.com is owned by Progrexion Holdings Inc. which is the owner and administrator of a number of business related to credit and credit repair, including CreditRepair.com, and eFolks. In addition, Progrexion also provides services to Lexington Law Firm as a third party provider. Despite being owned by Progrexion, it is not the role of the Credit.com editorial team to advocate the use of the company’s other services. In articles, reporters may mention credit repair as an option, for example, but we’ll also be sure to note the various alternatives to that service. Furthermore, you may see ads for credit repair services on Credit.com, but the editorial team isn’t responsible for the creation or implementation of those ads, anymore than reporters for the New York Times or Washington Post are responsible for the ads on their sites.

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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.

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- The Credit.com Editorial Team