WalletHub

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
TypePrivate
IndustryPersonal finance, Fintech
FoundedAugust 5, 2013 (2013-08-05)
Headquarters,
Number of employees
110
Websitewww.wallethub.com

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.[2][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 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]

References

  1. Jones, Michelle. "Personal Finance Social Network WalletHub Launches Today". ValueWalk. Retrieved 5 December 2015.
  2. "New Website Lists Consumer Reviews of Financial Advisors". ThinkAdvisor. Retrieved 5 December 2015.
  3. "WalletHub". Linkedin. Retrieved 13 December 2022.
  4. Andriotis, Annamaria (22 August 2014). "Credit-Card Comparison Sites Come Under Fire". The Wall Street Journal. Retrieved 5 December 2015.
  5. Jergler, Don (8 April 2014). "Another Auto Insurance Report for California". Insurance Journal. Retrieved 28 February 2018.
  6. Givan, Alexandra (25 February 2015). "Online Calculator Lets You Estimate Savings by Teleworking". WRC-TV News. Retrieved 5 December 2015.
  7. Gerstner, Lisa. "Save Big by Getting Rid of Your Cable TV". Kiplinger's Personal Finance. Retrieved 28 February 2018.
  8. Fottrel, Quinten (25 September 2015). "Why you should upgrade your iPhone every 3 years". MarketWatch. Retrieved 5 December 2015.
  9. Bigda, Carolyn (27 April 2015). "WalletHub quiz puts your money know-how to the test". Chicago Tribune. Retrieved 5 December 2015.
  10. Kennecke, Angela (23 April 2015). "Finding Your Financial Literacy". KELO-TV News. Retrieved 5 December 2015.
  11. Stark, Michelle (7 December 2015). "Feeling uneasy about finances? WalletHub as a new tool that may help". WHNT-TV News. Retrieved 8 December 2015.
  12. Highfield, David (3 December 2015). "New Financial Tool Could Help Manage Holiday Budgeting". KDKA-TV News. Retrieved 8 December 2015.
  13. "The Best Personal Finance Software for 2023". PCMAG. Retrieved 2023-06-09.
  14. "Brandon J. Sheridan featured in WalletHub report on best credit cards". Today at Elon. 2023-02-22. Retrieved 2023-06-09.
  15. "Fed's quarter-point rate hike may be its last for a while. How it affects you and stocks". USA TODAY. Retrieved 2023-06-09.
  16. Skinner, Liz (15 August 2013). "Yelp for advisers?". Investment News. Retrieved 5 December 2015.
  17. Eisenberg, Richard. "Can Financial Planners Be Rated Like Yelp?". Next Avenue. Retrieved 28 February 2018.
  18. Rains, Taylor. "A new report ranked US airlines worst to best using several metrics — see how they stacked up against one another". Business Insider. Retrieved 2023-06-09.
  19. "SIX fintech sectors transforming the financial industry". fintechmagazine.com. 2022-11-25. Retrieved 2023-06-09.
  20. "Top Sources for Free Credit Scores". Investopedia. Retrieved 2023-06-09.
  21. "Americans are piling on credit card debt, despite recession warnings". NBC News. 2019-09-10. Retrieved 2023-06-09.
  22. Scott, Ryan (2023-02-15). "A&M-Commerce Faculty Featured in WalletHub 'Ask the Experts' Series". Texas A&M University-Commerce. Retrieved 2023-06-09.
  23. "People Are Missing Monthly Payments…Because They Forgot - Your Money Briefing - WSJ Podcasts". WSJ. Retrieved 2023-06-09.
  24. "The 6 Best Apps to Maximize Your Credit Card Rewards". MUO. 2022-12-31. Retrieved 2023-06-09.
  25. Foy, Kayla (2022-11-18). "Best Black-Friday deals of 2022". WMAR 2 News Baltimore. Retrieved 2023-06-09.
  26. Schiff, Molly (5 August 2022). "The 7 places in the U.S. with the most credit card debt". NBC Universal. Retrieved 13 December 2022.
  27. Mejia, Jessica (25 October 2022). "South Carolina ranked 9th least safe state, according to WalletHub". ABC Columbia. Retrieved 13 December 2022.
  28. Wallace, Lance. "Oglethorpe Ranks Highly in 'Cost & Financing' in WalletHub Best Colleges List". oglethorpe.edu. Oglethorpe University. Retrieved 13 December 2022.
  29. Carberry Mogan, Luke (20 August 2022). "Map: These are the states with the most and least credit card debt". Yahoo Finance. Retrieved 13 December 2022.
  30. Michael Kolomatsky (November 18, 2021). "Which Cities Are Best at Celebrating Thanksgiving?". The New York Times. Retrieved August 15, 2022.
  31. Medici, Andy (24 August 2015). "This sentence caused MLB to drop trademark dispute with small D.C. firm". www.bizjournals.com. Retrieved 2023-06-09.
  32. Overly, Steven (2023-04-09). "Meet the start-up in a trademark war with the Washington Nationals, Chicago Cubs". Washington Post. ISSN 0190-8286. Retrieved 2023-06-09.
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