5 Scary Facts About Debt Collectors

Managing Debt

5 Scary Facts About Debt Collectors

5 Scary Facts About Debt Collectors

Debt collectors have a bad reputation among consumers. Even debt collectors who are super friendly and do their jobs by the book are loathed or feared by many of the people on their call lists, because collectors remind them of financial frustration or trigger stress. It’s rare to hear someone say, “I really like my... Read More

The Investment That Could Kill Your Mortgage

Mortgages

The Investment That Could Kill Your Mortgage

The Investment That Could Kill Your Mortgage

Do you own a rental property? If yes, and you’re looking to get a new mortgage, your gain or loss identified by your tax returns may help or hinder your chances. Lenders can use up to 75% of the rent generated on your rental property as income to help you qualify for a mortgage. However,... Read More

Government Sued Over Student Debt Collector Data

Students

Government Sued Over Student Debt Collector Data

Government Sued Over Student Debt Collector Data

The National Consumer Law Center filed a lawsuit recently against the Department of Education, demanding the Obama Administration comply with the Freedom of Information Act and release documents detailing its relationship to private debt collectors. The department has denied previous requests, in which the NCLC asked the Education Department to turn over public information describing... Read More

Is It Too Easy to Get Student Loans?

Students

Is It Too Easy to Get Student Loans?

Is It Too Easy to Get Student Loans?

It’s not difficult to take out a student loan — if they were hard to get, it’s unlikely they would be the largest form of outstanding consumer debt in the U.S. (except for mortgages). A major factor? For federal student loans (a large part of the $1.3 trillion in current U.S. student loan debt), little... Read More

How to Get a Credit Card Fee Waived

Credit Cards

How to Get a Credit Card Fee Waived

How to Get a Credit Card Fee Waived

Nobody likes paying fees. They make us feel like we’re paying extra for a service we’re already getting. Credit card fees in particular are often the object of consumer ire — no one likes paying the too-familiar late fee and annual fees can eat away at your credit card rewards. But you don’t have to... Read More

The Weirdest Credit Cards You Can Get

Credit Cards

The Weirdest Credit Cards You Can Get

The Weirdest Credit Cards You Can Get

Have you ever received a credit card offer in the mail that you thought was strange? Have you ever noticed the person standing in line next to you at the checkout counter using an unusual credit card? While most people are familiar with airline-branded credit cards or cards targeting small business owners, the cards on... Read More

Help! I Forgot to Pay My Taxes

Personal Finance

Help! I Forgot to Pay My Taxes

Help! I Forgot to Pay My Taxes

Tax attorneys and finance geeks aside, no one really likes doing their taxes. If you realize you made an error or forgot to include something in your tax return, you’re probably not going to be too eager to deal with it. What happens if you just … don’t? All sorts of no-good, terrible, very bad... Read More

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Certain credit cards and other financial products mentioned in this and other articles on Credit.com News & Advice may also be offered through Credit.com product pages, and Credit.com will be compensated if our users apply for and ultimately sign up for any of these cards or products. However, this relationship does not result in any preferential editorial treatment.

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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.

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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.

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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.

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- The Credit.com Editorial Team