Farnoosh Torabi Gravatar

Farnoosh Torabi

In Students, Personal Finance

Farnoosh Torabi is a nationally recognized author, expert and television host. Her first book, You’re So Money, is an acclaimed tell-all for young adults searching for financial independence. Her new book Psych Yourself Rich, gives readers the mindset and discipline to build their financial life.

Your Card Gets Canceled. What Happens to Your Score?

Credit Score

Your Card Gets Canceled. What Happens to Your Score?

Your Card Gets Canceled. What Happens to Your Score?

Previously on NBC’s Today Show, I received a viewer question regarding her credit score. It was a bit of a tricky question, so I asked our resident credit expert Tom Quinn to weigh in. First, here’s the question: I have just one credit card, which I have had since approximately 1994. It currently carries no balance... Read More

A Groupon AmEx? Research Says It’s a No Brainer.

Credit Cards

A Groupon AmEx? Research Says It’s a No Brainer.

A Groupon AmEx? Research Says It’s a No Brainer.

[Update: Some offers mentioned below have expired. For current terms and conditions, please see card agreements. Disclosure: Cards from our partners are mentioned below.] Are you a Groupon groupie? You may be a perfect candidate for a Groupon-branded credit card. While such a product has yet to hit the market, researchers say customers of daily... Read More

From Kindergarten to College: Financial Literacy For All Ages

Personal Finance

From Kindergarten to College: Financial Literacy For All Ages

From Kindergarten to College: Financial Literacy For All Ages

More Americans are defaulting on their student loans, according to the Department of Education. The two-year cohort default rate on federal student loans rose to 8.8 percent from 7 percent in 2008. While the economy is largely to blame, I would also argue that college graduates, while bearing degrees in computer science, finance and the arts,... Read More

Applying for Cable? Expect a Credit Check

Credit Score

Applying for Cable? Expect a Credit Check

Applying for Cable? Expect a Credit Check

We know that lenders check our credit to determine our eligibility for loans and our interest rates on loan products. Sometimes landlords and employers do, too, as they review our applications for apartments and jobs. But did you know that your utility or cable company might check your credit when you sign up for service?... Read More

To Save or Pay Off Debt? Do Both.

Managing Debt

To Save or Pay Off Debt? Do Both.

To Save or Pay Off Debt? Do Both.

Should I save or pay down debt? It’s not easy to decide, but for better or for worse, managing your money well often boils down to a series of choices like this. Picking one over the other offers pluses and minuses, but inevitably you may always feel a bit behind on your financial game. As... Read More

Save Money with Good Grades

Students

Save Money with Good Grades

Save Money with Good Grades

The government may be scrapping its incentives program that rewarded graduate students with a reduced interest when they paid their monthly loan on time, but some students may still be able to save money with good behavior. In fact, good grades will now earn you a better interest rate at U.S. Bank. There are, in... Read More

Top 11 Banks for College Students

Students

Top 11 Banks for College Students

Top 11 Banks for College Students

Between attending classes, joining clubs and pledging fraternities and sororities, college students across the country are wondering, “Hmm. Where should I bank?” Okay, maybe picking a bank is not so high on their to-do list, but it should be. As we know, credit unions and community banks offer some of the best and lowest fees... Read More

Which Students Are Debt Free?

Students

Which Students Are Debt Free?

Which Students Are Debt Free?

Mark Kantrowitz, publisher of Finaid.org and Fastweb.com describes the average profile of college students graduating with zero debt.

Paying For College With a HELOC?

Students

Paying For College With a HELOC?

Paying For College With a HELOC?

I was surprised to learn how - in this economy - one parent is planning to finance her son's college tuition with a home equity line of credit. Is this a smart idea?

5 Tips For First-Time Credit Card Users

Credit Cards

5 Tips For First-Time Credit Card Users

5 Tips For First-Time Credit Card Users

Obtaining your first credit card in college can make you feel all grow-up. But unless you use it responsibly, it can set your financial life back many years. Here are some tips for managing your credit wisely.

Show Me More by Farnoosh Torabi

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