WalletHub explained

Type:Private
Industry:Personal finance, Fintech
Location City:Miami
Location Country:U.S.
Num Employees:110

WalletHub (formerly CardHub.com) is a personal finance company that launched in August 2013.[1] [2] It is based in Miami[3] and owned by Evolution Finance, Inc.[4] [5]

WalletHub offers free consumer tools,[6] [7] [8] such as its WalletLiteracy Quiz[9] [10] and its Financial Fitness Tool, which provides users with credit reports, credit scores and credit monitoring.[11] [12] Similarly, WalletHub has tools for comparing credit cards, personal loans, car insurance and bank accounts.[13] [14] [15]

History

According to Web reports, WalletHub initially positioned itself as a "personal finance social network" with a focus on reviews for financial advisors.[16] [17]   It later pivoted to become a comprehensive personal finance platform[18] [19] [20] [21] offering a wide range of tools and resources to help users manage their money effectively.[22] [23] [24] [25]

The company has produced a wide range of research reports, including a quarterly credit card debt report and reports comparing cities and states in financially relevant categories.[26] [27] [28] [29] For example, in mid-November 2021, a weekly The New York Times feature used Wallethub's data for what The Times headlined "The Best and Worst Cities For Celebrating Thanksgiving".[30]

WalletHub only covers the US cities with populations of at least 200,000 based on the recent US Census instead of all incorporated cities on different evaluations from best cities to live, raise a family, employment, etc.

Finally, the company successfully overcame a public trademark dispute with Major League Baseball, brought on behalf of the Washington Nationals and Chicago Cubs, in 2015.[31] [32]

Products and services

WalletHub offers a suite of products and services designed to give people more visibility over their finances and help them improve their financial performance. This includes financial-product comparison tools[33] that help people find the best credit cards,[34] [35] [36] [37] car insurance,[38] [39] [40] bank accounts, etc., as well as in-depth studies and analysis.[41] [42] [43] [44] [45] [46] [47] [48] [49] [50] WalletHub also offers free credit scores, reports and monitoring through a partnership with TransUnion.[51] [52] [53] [54] [55] [56] [57]

Notes and References

  1. Web site: Jones. Michelle. Personal Finance Social Network WalletHub Launches Today. ValueWalk. 5 December 2015.
  2. Web site: New Website Lists Consumer Reviews of Financial Advisors. ThinkAdvisor. 5 December 2015.
  3. Web site: WalletHub . Linkedin . 13 December 2022.
  4. News: Andriotis. Annamaria. Credit-Card Comparison Sites Come Under Fire. 5 December 2015. The Wall Street Journal. 22 August 2014.
  5. Jergler. Don. Another Auto Insurance Report for California. Insurance Journal. 8 April 2014. 28 February 2018.
  6. News: Givan. Alexandra. Online Calculator Lets You Estimate Savings by Teleworking. 5 December 2015. WRC-TV News. 25 February 2015.
  7. Gerstner. Lisa. Save Big by Getting Rid of Your Cable TV. Kiplinger's Personal Finance. 28 February 2018.
  8. News: Fottrel. Quinten. Why you should upgrade your iPhone every 3 years. 5 December 2015. MarketWatch. 25 September 2015.
  9. News: Bigda. Carolyn. WalletHub quiz puts your money know-how to the test. 5 December 2015. Chicago Tribune. 27 April 2015.
  10. News: Kennecke. Angela. Finding Your Financial Literacy. 5 December 2015. KELO-TV News. 23 April 2015.
  11. News: Stark. Michelle. Feeling uneasy about finances? WalletHub as a new tool that may help. 8 December 2015. WHNT-TV News. 7 December 2015.
  12. News: Highfield. David. New Financial Tool Could Help Manage Holiday Budgeting. 8 December 2015. KDKA-TV News. 3 December 2015.
  13. Web site: The Best Personal Finance Software for 2023 . 2023-06-09 . PCMAG . en.
  14. Web site: 2023-02-22 . Brandon J. Sheridan featured in WalletHub report on best credit cards . 2023-06-09 . Today at Elon . en.
  15. Web site: Fed's quarter-point rate hike may be its last for a while. How it affects you and stocks. . 2023-06-09 . USA TODAY . en-US.
  16. News: Skinner. Liz. Yelp for advisers?. 5 December 2015. Investment News. 15 August 2013.
  17. Eisenberg. Richard. Can Financial Planners Be Rated Like Yelp?. Next Avenue. 28 February 2018.
  18. Web site: Rains . Taylor . A new report ranked US airlines worst to best using several metrics — see how they stacked up against one another . 2023-06-09 . Business Insider . en-US.
  19. Web site: 2022-11-25 . SIX fintech sectors transforming the financial industry . 2023-06-09 . fintechmagazine.com . en.
  20. Web site: Top Sources for Free Credit Scores . 2023-06-09 . Investopedia . en.
  21. Web site: 2019-09-10 . Americans are piling on credit card debt, despite recession warnings . 2023-06-09 . NBC News . en.
  22. Web site: Scott . Ryan . 2023-02-15 . A&M-Commerce Faculty Featured in WalletHub 'Ask the Experts' Series . 2023-06-09 . Texas A&M University-Commerce . en-US.
  23. Web site: People Are Missing Monthly Payments…Because They Forgot - Your Money Briefing - WSJ Podcasts . 2023-06-09 . WSJ . en.
  24. Web site: 2022-12-31 . The 6 Best Apps to Maximize Your Credit Card Rewards . 2023-06-09 . MUO . en.
  25. Web site: Foy . Kayla . 2022-11-18 . Best Black-Friday deals of 2022 . 2023-06-09 . WMAR 2 News Baltimore . en.
  26. News: Schiff . Molly . The 7 places in the U.S. with the most credit card debt . 13 December 2022 . NBC Universal . 5 August 2022.
  27. News: Mejia . Jessica . South Carolina ranked 9th least safe state, according to WalletHub . 13 December 2022 . ABC Columbia . 25 October 2022.
  28. Web site: Wallace . Lance . Oglethorpe Ranks Highly in 'Cost & Financing' in WalletHub Best Colleges List . oglethorpe.edu . Oglethorpe University . 13 December 2022.
  29. News: Carberry Mogan . Luke . Map: These are the states with the most and least credit card debt . 13 December 2022 . Yahoo Finance . 20 August 2022.
  30. News: . Which Cities Are Best at Celebrating Thanksgiving? . subscription . Michael Kolomatsky . November 18, 2021 . August 15, 2022. live . https://web.archive.org/web/20220815164510/https://www.nytimes.com/2021/11/18/realestate/which-cities-are-best-at-celebrating-thanksgiving.html%20%20WALLETHUB%20study . August 15, 2022 .
  31. Web site: Medici . Andy . 24 August 2015 . This sentence caused MLB to drop trademark dispute with small D.C. firm . 2023-06-09 . Washington Business Journal . subscription . live . https://web.archive.org/web/20170529165729/https://www.bizjournals.com/washington/blog/2015/08/wallethub-the-nationals-and-major-league-baseball.html . 2017-05-29 .
  32. News: Overly . Steven . 2023-04-09 . Meet the start-up in a trademark war with the Washington Nationals, Chicago Cubs . en-US . Washington Post . 2023-06-09 . 0190-8286.
  33. Web site: Yakal . Kathy . The Best Personal Finance Software for 2024 . PCMAG . 19 April 2024 . en.
  34. Web site: [WalletHub] Best Travel Credit Cards of December 2023 School of Hospitality Administration ]. www.bu.edu . School of Hospitality Administration . 19 April 2024.
  35. Web site: WIU Finance Professor Featured in WalletHub Article - WIU News . www.wiu.edu . Western Illinois University . 19 April 2024.
  36. Web site: Purdue Federal Credit Union recognized in WalletHub's "Best No Balance Transfer Fee Credit Cards" for 2024 . CUInsight . 19 April 2024 . 15 April 2024.
  37. Web site: Brandon J. Sheridan featured in WalletHub report on best credit cards . Today at Elon . Elon University . 19 April 2024 . en . 22 February 2023.
  38. Web site: Lavery . Rosemary . Quintal on Branding & Car Insurance: WalletHub . Emerson Today . 19 April 2024 . 2 November 2023.
  39. Web site: Donzelli . Joe . Multiple NSU Florida Experts Featured on WalletHub . Newsroom . 19 April 2024 . 19 February 2024.
  40. Web site: Hay . Bryan . In the media: Prof. Kincaid featured in WalletHub on car insurance issues . News . 19 April 2024 . 30 November 2023.
  41. Web site: DeVon . Cheyenne . 25% of Americans still have holiday debt from last year: 'If you're in a hole, stop digging,' says money expert . CNBC . 19 April 2024 . en . 23 November 2023.
  42. Web site: Kathryn Pomroy . Best Gift Cards of 2023 . Kiplinger . 19 April 2024 . en . 23 December 2023 . live . https://web.archive.org/web/20240419220127/https://www.kiplinger.com/personal-finance/shopping/best-gift-cards . 19 April 2024 .
  43. Web site: Utah is ranked in the top 5 U.S. states with high credit card delinquency rates . Emma . Pitts . Deseret News . 19 April 2024 . en . 31 January 2024 . live . https://web.archive.org/web/20240419220127/https://www.deseret.com/utah/2024/1/22/24047022/utah-high-credit-card-delinquency-rates-inflation-debt-mike-lee/ . 19 April 2024 .
  44. Web site: Where are people under the most financial stress? See the list of top 10 American cities . Mar 2, 2024 . Daniel . de Visé . USA TODAY . 19 April 2024.
  45. Web site: Gaines . Cork . Why 4 Arizona cities have emerged as havens from financial stress . Feb 29, 2024 . Business Insider.
  46. Web site: Lee Media Studio . Credit card debt can be tough to avoid. These four tips from WalletHub can help you manage your finances PennyWise Podcast . subscription . The Bismarck Tribune . 19 April 2024 . en . 1 January 2024 . live . https://web.archive.org/web/20240419220127/https://bismarcktribune.com/news/nation-world/science/four-tips-avoid-debt/article_21472fd7-324d-573d-af1c-f52d44746df5.html . 19 April 2024 .
  47. Web site: Jay . Marley . Inflation is driving up consumer credit card debt by billions of dollars . NBC News . 19 April 2024 . en . 12 September 2023.
  48. Web site: DeVon . Cheyenne . The 10 U.S. states with the highest and lowest average credit scores—see how your state compares . CNBC . 19 April 2024 . en . 9 November 2023.
  49. Web site: Fed's quarter-point rate hike may be its last for a while. How it affects you and stocks. . USA TODAY . 19 April 2024.
  50. Web site: WalletHub: Honolulu city hit hardest by inflation . USA TODAY . 19 April 2024.
  51. Web site: Yakal . Kathy . WalletHub Review . PCMAG . 19 April 2024 . en.
  52. Web site: Fontinelle . Amy . Top Sources for Free Credit Scores . Investopedia . 19 April 2024 . en.
  53. Web site: Free Credit Scores . VantageScore . 19 April 2024.
  54. Web site: Miler . Greg The Frequent . Free Credit Scores, Reports, and Monitoring: Complete guide. . Frequent Miler . 19 April 2024 . 20 March 2024.
  55. Web site: Credit Scores and Credit Reports: How to Check Them . www.suzeorman.com . 19 April 2024 . en.
  56. Web site: The 6 Best Credit Karma Alternatives in 2024 . www.aura.com . 19 April 2024 . en.
  57. Web site: WalletHub helps keep track of credit scores . Newsday . 19 April 2024 . en . 12 May 2017.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "WalletHub".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.