Does Paying Taxes Late Affect Credit?

Taxes

Does Paying Taxes Late Affect Credit?

Does Paying Taxes Late Affect Credit?

It’s a good thing to be punctual, especially when it comes to your finances. Your credit score relies heavily on your payment history, so developing a habit of making on-time payments helps you improve and maintain high credit scores. While tax information isn’t generally reported to credit bureaus, missing the deadline for paying the IRS could result in... Read More

How Can I Stop Student Loans from Taking My Taxes?

Student Loans

How Can I Stop Student Loans from Taking My Taxes?

How Can I Stop Student Loans from Taking My Taxes?

Federal student loans have some of the most forgiving repayment options. If you can’t make student loan payments because of financial issues, you may be able to pause those loans via a deferment. But if you default on your student loans and you have serious student loan debt, collectors can take numerous actions against you—including taking your tax refund. How Do... Read More

How to Spend Wisely on Black Friday

Personal Finance

How to Spend Wisely on Black Friday

How to Spend Wisely on Black Friday

Black Friday is one of the biggest shopping days of the year. Last year, Black Friday resulted in $6.2 billion in revenue. More than 170 million Americans went shopping over the Black Friday weekend in 2017, and this year the average adult expects to spend about $400. As Black Friday approaches (this year, Black Friday... Read More

Does a Business Loan Affect Personal Credit?

Credit Score

Does a Business Loan Affect Personal Credit?

Does a Business Loan Affect Personal Credit?

When starting your own business, funding can be a big hurdle—in more ways than one. And if you’re not careful, the lines between business credit and personal credit can get blurry. As you start setting up your business accounts, make sure you understand your business financing options and how they may affect you personally. Here’s... Read More

Help! My Credit Card Company Closed My Account

Credit Cards

Help! My Credit Card Company Closed My Account

Help! My Credit Card Company Closed My Account

Has your credit card been declined when you tried to pay something? Then you know how embarrassing it can be. You’ll probably assume that it was declined because of insufficient funds. But what if your credit card issuer completely shut down your account and you don’t have that credit limit? Sure, this doesn’t really happen that often. But it’s still... Read More

Can a Debt Collector Collect After 10 Years?

Managing Debt

Can a Debt Collector Collect After 10 Years?

Can a Debt Collector Collect After 10 Years?

Whether you have medical debt, credit card debt or unpaid student loans, getting calls or letters from debt collection companies can be frustrating. But it’s especially frustrating if your debt is several years old. If you have debt on your credit reports or are getting calls from a collection agency, you might wonder how long a debtor can try to collect... Read More

What Should I Do if I Lost My Social Security Card?

Identity Theft

What Should I Do if I Lost My Social Security Card?

What Should I Do if I Lost My Social Security Card?

You might not use your Social Security card every day, but you do need to use it occasionally. If you lost your security card, you’ll need to request a replacement form for a Social Security card from the Social Security Administration (SSA). You can apply online by choosing the replacement tab for your lost security card.... Read More

Show Me More

Credit.com receives compensation for the financial products and services advertised on this site if our users apply for and sign up for any of them.

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