Nerdwallet Review

A sort of clarity providing aid in the financial part of people’s lives.

Their motto is ‘consumer first’ and they have kept to it, by feeding their consumers necessary information on Household expenditures, Credit Cards, Taking Personal Loans, Banking,Education, Investing, Mortgages,Taxes and Estate Planning,

Life, Health and Auto Insurance, SMB.

Nerdwallet gives their consumers something similar to financial templates to build their lives on. They also help with giving professional advice to their consumers on how to spend and save their money.

Nerdwallet Review:

Nerdwallet is a website that provides client’s with all the financial information they need in order to make a decision.

Nerdwallet was founded in 2009 by Tim Chen and his colleague, Jacob Gibson.

The idea of this company was planted in Tim when his Sister asked for his help in getting the best credit card. He took it upon himself to make a detailed review of all the credit cards he could gather and he also put them in spreadsheets and that was how he was able to create the first Nerdwallet credit card tool.

This company now has over 700 employees and it’s headquarters are located in San Francisco, US.

They do these by bringing up articles, posts and reviews on their website or app in order to help readers and consumers make a well informed choice on the kind of financial service or products they want.

Subjects that Nerdwallet has helped their customers with are

1. Banking

Nerdwallet provides customers with tips, how-to guides, reviews necessary to help with their savings and banking options.

They are varieties of banks that can aid your financial journey and nerdwallet can provide detailed data on them. These banks include, digital banks, microfinance banks, Agric banks, Credit unions, etc.

They also suggest the kind of accounts you might need, savings, checking or temporary accounts.

2. Mortgage

Nerdwallet also help those who want to move into new homes by showing them different mortgage options they can choose from. On long term or short term, they are mortgage homes available.

They also help you with resources that can help you decide which kind of home you need and if you can pay for it.

3. Credit Cards

Nerdwallet writers make reviews on every kind of credit card available. Cashback , travel,bonus, balance transfer, low interest, bad credit cards

You can then pick the card that best suits you.

4. Savings And Investment

Nerdwallet has provided a lot in this subject due to the competitive nature of investment institutions.

One thing they look out for are the basic principles of financial administration in all the brokers they try to suggest. 

Their main aim is to make certain that you as their customer is satisfied.

5. Loans And Insurance

In reviewing loans and insurance companies, Nerdwallet have quite excelled. They help you with several options highlighting their pros and cons.

Then allow you make a choice. 

There’s also an avenue for financial tips, advice or guidance.

There’s an ‘ask me option’ on the site or in your app.

This is where you get to ask your money management related questions.

How Nerdwallet makes their earnings?

Nerdwallet operates with the Affiliate business model.

They work hand in hand with the financial institutions or companies they write about and they receive commission from these financial product providers when a customer purchases or clicks a product from their site.

Take for a example, you see a financial product on www.nerdwallet.com and you click the link to the product and you’re approved.

Then, Nerdwallet will receive a fee (an affiliate fee) from the financial company.

Benefits

Nerdwallet website is free to access. It is not like a ponzi scheme that expires after sometime. It is secure and stable. Their customer service and User experience is top notch.

Their growth rate shows a lot about their security and reliability. 

It has helped over a 100 million people make healthy financial judgments.

Conclusion

This is a detailed review of the nerdwallet company. They do have their downside but as you’ve read, they sure makeup for it. Being a personal finance company, they have sure reached the expectations of many. 

Is Nerdwallet a legit business?

Of course it is, it is a personal finance company that has helped so many people make better decisions. 

Does Nerdwallet have a mobile App?

Yes, they do. Be it an android or iOS, they have provided Apps for it. Although these apps do not have the same user experience with the web version.

Does Nerdwallet require our Personal details?

It depends. For instance, if you’re signing up for nerdwallet. They would need some of your information like email address, name, phone number, etc.

They do not save these details so they may require you to input it again.