Looking to go over your financial options online and considering trying WalletHub?
While there are many ways to get a free credit report, tools such as WalletHub don’t always have a ton of reviews to back up the hype.
So how can you be sure that WalletHub is right for you and that it’s secure?
Read on for our WalletHub review to learn all about Wallethub, how it works, and if your information is safe!
What Is WalletHub?
WalletHub is an online financial management tool.
It provides a centralized dashboard to allow users to view loan information, credit cards, a trustworthy credit checker, and other financial accounts.
It also allows you to search and compare various financial companies, products, and professionals in the industry.
These tools are great for big picture overviews of your financial standing. WalletHub can help you to make informed decisions about saving money.
How Does It Work?
Online personal finance tools like WalletHub work through the personal information that you provide.
The service automatically pulls data based on the personal information you provide, such as your address, last four digitals of your SSN, and date of birth.
For example, WalletHub accesses and displays your VantageScore 3.0 credit score from TransUnion using your information.
WalletHub is totally free to use, so there are no refunds to worry about.
WalletHub makes money by showing display advertisement offers to you while you use the tool.
It uses your data to match relevant offers to you such as mortgages, auto and motorcycle loans, credit cards, and more. If you decide to go with an offer, WalletHub receives a commission from the price or fee for the third party offering.
As mentioned above, there are a number of ways to get a free credit report online.
WalletHub works well when used hand in hand with budgeting and monitoring tools such as Mint, Credit Karma, Bankrate, and other alternatives.
Each of these tools contains unique features, so using them together will give you the most well-rounded toolkit!
Is It Secure?
Security is a very important consideration for online financial tools.
With any service that collects your personal information, you should have peace of mind that your data is safe from hackers and other nefarious parties. With WalletHub, you can feel safe.
WalletHub uses 128-bit encryption and SSL security that are also used by institutions insured by the FDIC.
With any online service, you’ll want to use a strong, unique password when you log in.
Support and Reputation
WalletHub has a large FAQ section to help answer any questions that consumers might have.
If you need to reach their Customer Care team you can do so by email at customer.care@EvolutionFinance.com!
Give Us Your Feedback on Our WalletHub Review
Take these 6 WalletHub review points into consideration when deciding to trial WalletHub.
Have you tried WalletHub? Let us know what you thought of the features in the comments.
Looking for more tips on personal finance? Our Learning Center covers topics including loans, credit, auto insurance, banking, and more!