Menu Close

Should I trust NerdWallet?

Should I trust NerdWallet?

Yes, NerdWallet is safe. They are also a reliable site and app. When it comes to protecting consumers’ information, NerdWallet does not store bank passwords or credentials. NerdWallet uses industry-standard controls to keep personal information safe and secure.

How much money does NerdWallet make?

NerdWallet Funding, Valuation & Revenue NerdWallet was valued at around $1.2 billion during the IPO. For the fiscal year 2020, NerdWallet postet revenues of $245.3 million, up from the $228.3 million it recorded in 2019.

What is NerdWallet used for?

NerdWallet Specs Like competing personal finance apps, NerdWallet lets you track your net worth and cash flow, and learn about your credit score. The site is totally free, supported by offers and recommendations from financial product providers.

Who are NerdWallet competitors?

NerdWallet competitors include Credit Karma, Bankrate, Inc., FeeX and Mint.

Should I link my bank account to NerdWallet?

Why do you need my bank’s username and password? Linking your bank accounts to NerdWallet’s dashboard not only allows you to see all your accounts in one place and transfer money between them, but it also helps us provide the best, most personalized recommendations for you.

What company owns NerdWallet?

NerdWallet is an American personal finance company, founded in 2009 by Tim Chen and Jacob Gibson….NerdWallet.

Type of business Public company
Created by Tim Chen Jacob Gibson
Key people Tim Chen (CEO; Co-founder)
Industry Personal finance, fintech
Revenue >$100 million (2017)

Is NerdWallet a profitable company?

They started yielding a profit in 2015. NerdWallet now generates $150 million in annual revenue and has more than 39 million monthly visits to its apps. The last time NerdWallet shared their valuation was in January 2016.

Is NerdWallet completely free?

Yup, it’s 100% free. You can sign in to NerdWallet anytime to see your free credit score, your free credit report info and more. NerdWallet only pulls your credit score with your permission.

Is YNAB or Mint better?

Although the apps are similar, Mint is free and better for those who want automated budgeting options, whereas YNAB works best for users who want to take a more active role in their finances and are willing to pay for the service. Mint is also a bit more intuitive to use, while YNAB requires some learning.

Posted in Other