James LaDue is a financial news editor with a background in credit card reporting. His work has been featured on various news outlets specialized in trade and consumer finance.
Gym memberships are expensive. And with Americans getting in better shape in preparation for the summer, more are joining fitness facilities. But there are plenty of ways to shed pounds and tone your body throughout the course of your everyday life without spending a dime. 1. Stretches to Start Determining how well your day starts... Read More
Publix shoppers are the latest targets of a coupon scam on Facebook promising $75 off an $80 purchase. Customers took to social media to report receiving a link by private message, complete with expiration date, UPC code, terms and conditions and even the Publix logo and slogan. The link directs users to a fake Publix website, then prompts them to share the offer... Read More
Two industry giants are set to face off in court over that chip debit card in your wallet. Wal-Mart filed a lawsuit against Visa on Tuesday, alleging the network is forcing its customers to use signatures in lieu of PINs when paying with chip-based debit cards, The Wall Street Journal reports. This compromises customers’ security, Wal-Mart asserts,... Read More
Everything is bigger in Texas, especially if it has to do with football. Take, for example, the $62.8 million price tag attached to the future McKinney high school football stadium. You read that correctly: $62.8 million has been approved to construct a 12,000-seat high school football stadium. According to The Dallas Mornings News, the stadium... Read More
After you land your first job out of college, you’re likely going to be happy about your new steady income and a start to your career. But if you’re in one of the 10 most popular cities for millennials, your starting salary may barely be covering your rent, leaving very little left over for other... Read More
If you’ve ever been to a music festival, sports stadium or any other crowded event, you may have been concerned about carrying a purse or wallet, which can not only be cumbersome, but can make you the target of pickpockets. And the alternative of carrying a solitary plastic credit card isn’t much better since they can easily slip out... Read More
You may dread receiving certain mail, particularly bills reminding you how much you owe. And if you’re like some Americans, you may get that same sinking feeling when a wedding invite appears in your mailbox. That’s because the average wedding now costs $703, according to a recent survey from American Express. The American Express Spending & Saving... Read More
There are plenty of words we use everyday. But have you ever thought of their origins? Take real estate, for example. With its storied past, the term defines genuine land property, the soil beneath it and any structures built on it. Here’s a quick look at how that came to be. Defined by Merriam-Webster as property consisting of buildings and... Read More
Homeowner associations can be great for neighborhood maintenance, settling disputes and enforcing community guidelines, but all of those benefits come with a cost: the association dues. A good chunk of American homeowners agree to pay them — nearly 25%, according to RealtorMag.org — but unlike the mortgage, insurance and tax costs those homeowners also must pay,... Read More
Credit cards can be great for building, maintaining and even improving your overall credit. But when overused, hefty balances can be quite detrimental. Unfortunately, the average cardholder under the age of 52 appears to be carrying big balances, or, more specifically, using an average of 80% of their available credit. That was the finding of a recent TransUnion... Read More
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.
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.
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).
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.
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.
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