Home > Personal Finance > Credit.com in the News 1.11.14

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In its Best of Everything list for 2013, Kiplinger’s Personal Finance named Credit.com the Best Credit Site, highlighting the Credit Report Card, which gives consumers a snapshot of their credit profiles and shows which areas need improvement. The information is updated each month, allowing users to track their progress over time.

With that exciting announcement, the holiday season and a massive data breach in the news, December and early January have been busy for the Credit Experts.

Credit.com Chairman and Co-Founder Adam Levin shared his expertise on a slew of privacy issues over the last several weeks. He spoke to MarketWatch about employers’ practices of spying on their employees in December and on the Snapchat hack early this month. (@Quantanamo) Adam also talked to Fox Business News about Snapchat security. (@KateRogersNews)

The holidays may be over, but consumers are still feeling the impact of decisions they made in December. Adam touched on the spike in identity theft during the holidays, reminding consumers to consistently monitor their financial accounts (@WSJRadio), and if you decided to open a store credit card during peak shopping times, don’t forget to pay the new bills that are coming due (@NewsieRocco).

When Target announced in December that 40 million credit and debit card numbers were stolen in a data breach, there was an onslaught of news coverage and consumer anxiety as details of the investigation slowly surfaced. Adam talked to ABC World News about the identity theft risks as a result of the breach. (@RebeccaJarvis)

He was also interviewed by USA Today. (@USATODAY) Then he talked to the Detroit Free Press. (@tompor)

And the Des Moines Register (@LillieSchrock), ABCNews.com (@ABCNews), and Fox Business News (@KateRogersNews).

Then, when Target announced Jan. 10 that the breach had actually impacted 70 million customers and included stolen email addresses, names, mailing addresses and phone numbers, Adam revisited the topic with the Detroit Free Press. This story is far from over.

Other topics Adam weighed in on included medical identity theft, in a story posted to Next Avenue (@NextAvenue); the high value of personal information, heard on NPR (@JimZirin); and holiday spending, covered by Big Data Download (@BigDataDowload) and MainStreet.com. (@KathrynLizbeth)

Privacy and identity theft issues have been center stage recently, but this time of year is also big for financial resolutions.

Credit.com Director of Consumer Education Gerri Detweiler was interviewed about such resolutions, like paying off credit card debt and raising credit scores. Herb Weisbaum (@Consumerman) interviewed her about balance transfer credit cards, which can be helpful tools for trying to consolidate and lessen debt. MarketWatch ran a story about financial resolutions, which included Gerri’s comments. (@JenWatersMKW)

There’s a new way your credit card data will be reported to credit bureaus — it will show if you’re someone who typically carries a balance or regularly pays off the card — which Gerri talked about in a story in the Pittsburgh Post-Gazette. (@PittsburghPG)

Credit.com Editor-in-Chief Michael Schreiber also spoke to the media about two hot topics: post-holiday debt and credit card fraud. He touched on strategies for paying down those large December shopping bills on Fox Business News (@FoxBusiness), and he provided tips for protecting yourself from credit card fraud for a piece run by NY1. (@TaraLynnWagner).

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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