Is NerdWallet a successful company?

In exchange for new customers, affiliated banks pay NerdWallet a success fee. Co-founder Chen reported that the company became profitable by virtue of the fees it earned through matching users with financial products and services.

Is NerdWallet really 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.

How does NerdWallet generate revenue?

NerdWallet makes money from affiliate commissions. Financial institutions, such as banks or mortgage lenders, pay the company for every signup that is generated via its platform. Founded in 2009, NerdWallet has grown to become one of America’s leading financial comparison platforms.

Is NerdWallet a credible source?

Yes, NerdWallet is legitimate. It is a popular personal finance website that has helped many people make better financial decisions.

What is NerdWallet net worth?

After being laid off, this 35-year-old founded NerdWallet with $800 — now it’s worth $500 million. Today, Tim Chen is CEO and co-founder of personal finance website NerdWallet, which sees 10 million monthly visitors and is valued at more than $500 million.

How much do NerdWallet writers make?

How much does a Writer make at NerdWallet in the United States? Average NerdWallet Writer yearly pay in the United States is approximately $155,498, which is 211\% above the national average.

Is NerdWallet like Credit Karma?

Although NerdWallet combines some aspects of Credit Karma and Mint, the Editors’ Choice pick for free personal finance services, it lacks some of those services’ strengths, such as budget tracking, robust account management tools, and a tightly focused state-of-the-art user experience.

Who are NerdWallet competitors?

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

What is better than NerdWallet?

10 Best NerdWallet Alternatives in 2021

• The 10 Best NerdWallet Alternatives and Competitors.
• Bankrate.
• The Balance.
• SmartAsset.
• The Points Guy.
• ValuePenguin.
• The Penny Hoarder.
• WalletHub.

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.

What is mt net worth?

To calculate your net worth, add up all of the assets you own and subtract all of the liabilities or debts you owe. Net worth includes tangible assets such as your home and cars, investments, and money you have in savings, as well as certain other items of value.

How much money has NerdWallet raised?

According to Crunchbase, NerdWallet has raised a total of $105 million across 4 rounds of venture capital funding. Prominent investors in the company include Silicon Valley Bank, RRE Ventures, Institutional Venture Partners (IVP), and more. The last time NerdWallet publicly disclosed its valuation was in 2016.

How does NerdWallet make money from affiliate commissions?

NerdWallet makes money from affiliate commissions. Financial institutions, such as banks or mortgage lenders, pay the company for every signup that is generated via its platform. Founded in 2009, NerdWallet has grown to become one of America’s leading financial comparison platforms.

What is NerdWallet and how do you use it?

NerdWallet can be accessed via the company’s website as well as through its Android and iOS app. Furthermore, consumers can listen to the firm’s podcast should they prefer audio formats. NerdWallet, headquartered in San Francisco, California, was founded in 2009 by Tim Chen (CEO) and Jacob Gibson.