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Credit.com

Contributor |  In Personal Finance, Mortgages

Credit.com is the only company of its kind to be founded and run by leading credit experts including journalists, authors and consumer advocates. We’re committed to helping consumers understand and master the confusing world of credit and improve their financial standing by recommending products and actions that are in their best interest.

MasterCard Profits Boom on Consumer Card Use

Credit Cards

MasterCard Profits Boom on Consumer Card Use

While the recession may have altered the shopping habits of consumers nationwide, the number of people who were willing to deal with credit card debt increased in the final three months of 2010, according to a report from The Associated Press. As a result, MasterCard saw profits surge by 41 percent over the same period... Read More

Financial News Roundup: Healthcare Repeal Fails in Senate, CFPB Warns Mortgage Lenders

Personal Finance

Financial News Roundup: Healthcare Repeal Fails in Senate, CFPB Warns Mortgage Lenders

Today’s top news headlines feature a warning to mortgage agencies regarding military foreclosure protection and the latest private-sector employment data. Plus, find out why the recent string of winter storms is hurting the economy. Healthcare Repeal Fails to Pass in Senate The Wall Street Journal The Senate struck down a bill that would have repealed... Read More

Proposed Rule Would Make Borrowing Difficult for Some

Personal Finance

Proposed Rule Would Make Borrowing Difficult for Some

A new proposed rule from the Fed would require lenders to consider only a potential borrower’s personal income when determining whether they qualify for a line of credit, according to a report from MarketWatch. As a result, those without incomes of their own, such as stay-at-home moms, would be shut out from the borrowing system,... Read More

Financial News Roundup: Economic Crisis May Change Filing Status, Watchdog Agency Unveils Changes

Personal Finance

Financial News Roundup: Economic Crisis May Change Filing Status, Watchdog Agency Unveils Changes

Today’s top news headlines feature a set of proposed changes the new consumer watchdog agency is discussing and different ways in which the unemployment crisis will impact the U.S. Plus, take some financial aid advice from top education professionals. CFPB Discusses Proposed Changes The Huffington Post The Consumer Financial Protection Bureau, set to begin taking... Read More

Fannie, Freddie Won’t Be Eliminated by Lawmakers

Mortgages

Fannie, Freddie Won’t Be Eliminated by Lawmakers

Currently, Fannie and Freddie back more than half of all mortgages nationwide, with loans valued at more than $5.3 trillion, according to a report from the Washington Times. Consequently, the fact that the two home loan giants have lost about $150 billion since being taken over by the federal government – a figure that could... Read More

Job Seekers Should Guard Private Information To Avoid Scams

Identity Theft

Job Seekers Should Guard Private Information To Avoid Scams

The most recent unemployment figures show a small decline in the number of jobless Americans; however, the national rate continues to hover around 10 percent. Separate reports also reveal the number of individuals who, as of December 2010, have been unemployed for more than a year increased from 25 to 30 percent. And now, job... Read More

Many Americans Still Struggling with Credit Card Debt

Managing Debt

Many Americans Still Struggling with Credit Card Debt

Californians owe more to credit card lenders than consumers in other states, according to a new study by the credit monitoring bureau Equifax. In total, these Americans owe nearly $90.6 billion, well ahead of the states with the next two largest outstanding balances, Texas – more than $48.8 billion – and Florida – nearly $47.6... Read More

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Certain credit cards and other financial products mentioned in this and other sponsored content on Credit.com are Partners with Credit.com. Credit.com receives compensation if our users apply for and ultimately sign up for any financial products or cards offered.

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