Credit.com in the News 4.25.14

Personal Finance

Credit.com in the News 4.25.14

Credit.com in the News 4.25.14

Tax fraud is a common occurrence this time of year, and even though the deadline for filing tax returns passed last week, concerns about fraud remain. Adam Levin, Credit.com’s chairman and co-founder, highlighted the possibility of a data breach involving medical doctors, given the increase in tax fraud reported by doctors. You can read about... Read More

Help! I Owe $150K in Student Loans and Make $36K a Year

Students

Help! I Owe $150K in Student Loans and Make $36K a Year

Help! I Owe $150K in Student Loans and Make $36K a Year

Money problems can be distressing and depressing. We recently heard from a college graduate who feels overwhelmed by debt: What can I do about student loans? I owe about $150,000 and only make $36,000. I’m also looking for a new job that hopefully pays more. I feel stuck and miserable. I went to college to... Read More

4 Safe Credit Cards for Travelers

Credit Cards

4 Safe Credit Cards for Travelers

4 Safe Credit Cards for Travelers

If you have traveled outside the U.S. lately, you have probably figured out that much of the world has moved on from using the magnetic stripes on credit cards. New card readers, especially at unattended kiosks in Canada and Europe, require EMV smart chips and will reject cards without this technology. Sadly, our lagging standards... Read More

Get Ready: Student Loan Rates Are About to Jump

Students

Get Ready: Student Loan Rates Are About to Jump

Get Ready: Student Loan Rates Are About to Jump

Student loan interest rates are going to go up. At least, that’s what the Consumer Financial Protection Bureau expects. With the intention of helping borrowers better calculate the costs of their educations, the CFPB Student Loan Ombudsman Rohit Chopra published an explanation of what to expect. The CFPB estimates interest rates for federal loans will... Read More

Do You Need Life Insurance?

Personal Finance

Do You Need Life Insurance?

Do You Need Life Insurance?

As part of your financial plan, it’s important to think about what would happen to your family if you were to die. Life insurance may be something you explore as a way to cover final expenses, replace your income or pay off debts. To determine if life insurance is right for you at this stage... Read More

5 Student Loan Hacks

Students

5 Student Loan Hacks

5 Student Loan Hacks

They say the only certainties in life are death and taxes, but we may soon need to add student loans to that list. For most of the 40 million Americans with student loan debt, repaying those loans is a certainty.  What’s not a certainty is how much they’ll end up spending when all is said... Read More

5 Quick-Fix Credit Tips That Don’t Work

Credit 101

5 Quick-Fix Credit Tips That Don’t Work

5 Quick-Fix Credit Tips That Don’t Work

There’s nothing wrong with looking for an easy solution to your problems — except for when your quick fix is a waste of time. You can find a lot of tips for improving your credit by searching the Internet, but they’re not all accurate, and some can actually hurt your credit score. Here are a... Read More

How One Woman Made 3 Cars Last 50 Years

Auto Loans

How One Woman Made 3 Cars Last 50 Years

How One Woman Made 3 Cars Last 50 Years

It used to be that when the odometer hit 100,000 miles, people started thinking that maybe it was time to replace the old car with a newer, more reliable model. That’s no longer true, and for Marion Claire, it has never been. Claire, a speaker, coach and author of “Secrets of a Unique & Sexy Speaker,” replaces... Read More

The Best Cash-Back Credit Cards in America

Credit Cards

The Best Cash-Back Credit Cards in America

The Best Cash-Back Credit Cards in America

As airlines and hotels continue to decrease the value of the points and miles they offer through their co-branded credit cards, cash back remains the reward of choice for many cardholders. And credit card issuers understand their customers’ need for a simple program that offers the one reward that no one will likely ever have... Read More

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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.

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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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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.

Our Owners

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.

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