5 universal truths about credit scores
Credit.com receives compensation for financial products and services advertised on this site if our users request and register for any of them. Compensation is not a factor in the substantive evaluation of a product.
Thanks for visiting Credit.com. We hope you find the site and the journalism we produce useful. We wanted to take the time to tell you a bit about ourselves.
The Credit.com editorial team is made up of a team of editors and journalists, each with many years of experience in financial reporting. We’ve worked for places like The New York Times, American Banker, Frontline, TheStreet.com, Business Insider, ABC News, NBC News, CNBC and many more. We also employ a few freelancers and over 50 contributors (these are usually subject matter experts from finance, academia, politics, business and beyond).
We take great care to ensure that the articles, videos, and graphics you see on Credit.com are carefully posted and verified. 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 anything that you think is wrong, please email the editorial staff. [at] credit [dot] com,
The Credit.com editorial team is committed to providing our readers and viewers with solid, well-reported and understandable information designed to inform and empower. We won’t tell you what to do. However, we will do our best to explain the consequences of various actions, thereby providing you with the information you need to make decisions that are in your best interest. We also write about topics related to money and finance that we think are interesting and that we want to share.
In addition to appearing on Credit.com, our articles are syndicated to dozens of other news sites. We have over 100 partners including MSN, ABC News, CBS News, Yahoo, Marketwatch, Scripps, Money Magazine and many more. This network operates in a similar fashion to The Associated Press or Reuters, except that we focus almost exclusively on personal finance matters. These are not advertisements or paid placements, rather we provide these items to our partners in most cases for free. These relationships create greater brand awareness for Credit.com in general and also drive more traffic to us.
Our business model
Credit.com journalism is largely supported by an e-commerce business model. Rather than relying on revenue generated from display ad impressions, Credit.com maintains a financial market separate from its editorial pages. When someone goes to these pages and applies for a credit card, for example, Credit.com will get paid which is basically a search fee if that person ends up getting the card. This does not mean, however, that our editorial decisions are informed by the products available in our market. The editorial team chooses what to write about and how to write it regardless of decisions and priorities on the business side of the company. In fact, we maintain a strict and important firewall between the editorial and commercial departments. Our mission as journalists is to serve the reader, not the advertiser. In this sense, we are no different from any other news organization backed by advertising revenue.
Visitors to Credit.com can also subscribe to 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, which is updated twice a month. Again, this tool is completely free, and we mention it frequently in our articles, because we think it’s a good thing that users have access to such data. Regardless of its educational value, there is also a business angle to the credit report card. Registered users may be associated with products and services for which they are most likely to qualify. In other words, if you sign up and find that your credit is less than stellar, Credit.com will not recommend a high end platinum credit card that requires a great credit rating. you or Credit.com. You wouldn’t be any closer to getting a product you need, there would be an unnecessary investigation of your credit report and Credit.com would not get paid. These are basically what are commonly referred to as “targeted ads” in the Internet world. Despite all of this, even if you never apply for a product, the credit report card will remain free, and none of this will impact how the editorial team reports credit and ratings. credit.
Finally, 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 are interested in sharing them. Please email us at story ideas [at] credit [dot] come with ideas or visit us on Facebook or Twitter.
Thanks for stopping by.
– The editorial team of Credit.com