{"id":18117,"date":"2010-12-10T19:28:29","date_gmt":"2010-12-10T23:28:29","guid":{"rendered":"\/\/www.askmrcreditcard.com\/news\/?p=18117"},"modified":"2010-12-10T19:28:29","modified_gmt":"2010-12-10T23:28:29","slug":"web-site-review-credit-sesame","status":"publish","type":"post","link":"https:\/\/www.askmrcreditcard.com\/news\/web-site-review-credit-sesame\/","title":{"rendered":"Web Site Review: Credit Sesame"},"content":{"rendered":"

Credit Sesame<\/a> is a new type of personal finance web site that I have not yet encountered.\u00a0\u00a0\u00a0\u00a0 The closest analogy I have found is a loyalty point tracking site like Award Wallet.\u00a0 With a service like Award Wallet, you can enter your account information directly into a single site, and that site will then automatically pull data from each company.\u00a0\u00a0\u00a0 You can think of Credit Sesame like Award Wallet, just using accounts with real money as opposed to loyalty points.<\/p>\n

Much More Than A Tracker<\/strong><\/p>\n

While a loyalty point tracking site is useful, Credit Sesame<\/a> is designed to provide far more functionality.\u00a0\u00a0 Once you have set up your profile and entered your account information, Credit Sesame<\/a> will pull your credit score, analyze your financial position, and even offer products and services to improve your finances. \u00a0\u00a0 It can even do things like look up your home value and your debt to income ratio.<\/p>\n

\"\"<\/a>How Did It Work For Me?<\/strong><\/p>\n

I signed up and found that the information input to be very easy.\u00a0\u00a0 You have the option of giving them your social security number and account information or manually entering your loan and payment data.\u00a0\u00a0\u00a0 When you have finished, Credit Sesame quickly goes to work populating the remaining data from your account information, generating charts, and producing new advice.<\/p>\n

My regular readers know that I am someone who has very little debt.\u00a0\u00a0 There is my house, and that’s it.\u00a0\u00a0 My cars are paid for, and my credit card bills are paid in full every month.\u00a0\u00a0\u00a0 Simply put, I am probably not the target market for a product like Credit Sesame that is geared towards helping people manage their debt.\u00a0\u00a0\u00a0 Nevertheless, Credit Sesame<\/a> can produce advice on my mortgage as well as offer me new products.<\/p>\n

To gain a more thorough understanding of the site, I set about to manually enter some more debts that are typical of the average American.\u00a0 I was easily able to enter automobile loans, student loans, and credit card payments.\u00a0 Credit Sesame was then able to offer me various proposals for refinancing my (imaginary) debts.<\/p>\n

\"\"<\/a>What Else Is Out There? <\/strong><\/p>\n

Credit Sesame <\/a>offers “What If” modeling.\u00a0\u00a0\u00a0 Say you are trying to raise your credit score.\u00a0\u00a0 With What If modeling, you can find out how a higher credit score would effect your various offers.\u00a0\u00a0\u00a0\u00a0 Another idea would be to change your income level and see how that changes what offers you might be qualified for.\u00a0\u00a0 I can easily imagine a family using this tool to consider if it is worth it for one person get a second job, or to have a second wage earner go to work.\u00a0\u00a0 You could also look at this the other way around.\u00a0\u00a0 What if someone wants to stop working and go to school. \u00a0 How would the income loss effect their family’s current financial situation.\u00a0\u00a0 No matter what you are thinking of doing, it seems that there is a way in Credit Sesame<\/a> to take that into account and project into the future how your financial situation would change.\u00a0\u00a0 Think of it like a giant Excel spreadsheet.\u00a0\u00a0 You can change one or more variables and allow the consequences to filter through to your entire financial picture.<\/p>\n

You can also set up alerts to let you know when something in your financial picture changes, such as your credit score, your credit usage percentage, and your equity percentage.\u00a0\u00a0 In this capacity, it behaves kind of like a credit monitoring tool, but with much more granularity with respect to the user’s ability to choose precisely which metrics he or she wishes to be notified regarding.<\/p>\n

Who Is This Tool For<\/strong><\/p>\n

With the majority of American households carrying some form of credit card debt, this tool has a broad application.\u00a0\u00a0 It is not uncommon for people to have several credit card, automobile, and student loans at the same time. \u00a0 I can only imagine how difficulty it must be to track it all and make sense of it without a tool like this. \u00a0 \u00a0 The more sources of debt you have, the more a tool like this can assist you in managing your finances.\u00a0\u00a0 Beyond that, this tool can alert you to offers that may be able to help you reduce your payments or retire your debt more quickly.<\/p>\n

It is not magic, nor does it claim to be.\u00a0\u00a0 There are no promises to make your debt disappear.\u00a0\u00a0 Instead, you can think of it as having a CFO in charge of your personal corporation.\u00a0\u00a0 Credit Sesame<\/a> is in charge of presenting all the facts and figures to you, the CEO in an easy to digest format.\u00a0\u00a0\u00a0 Then, this service will present opportunities to you for your consideration.\u00a0\u00a0 For millions of Americans who come home every day to a mountain of bills and statements, this could be the single most important financial website they log into.<\/p>\n","protected":false},"excerpt":{"rendered":"

Credit Sesame is a new type of personal finance web site that I have not yet encountered.\u00a0\u00a0\u00a0\u00a0 The closest analogy I have found is a loyalty point tracking site like Award Wallet.\u00a0 With a service like Award Wallet, you can enter your account information directly into a single site, and that site will then automatically […]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[],"yoast_head":"\nWeb Site Review: Credit Sesame<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.askmrcreditcard.com\/news\/web-site-review-credit-sesame\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Web Site Review: Credit Sesame\" \/>\n<meta property=\"og:description\" content=\"Credit Sesame is a new type of personal finance web site that I have not yet encountered.\u00a0\u00a0\u00a0\u00a0 The closest analogy I have found is a loyalty point tracking site like Award Wallet.\u00a0 With a service like Award Wallet, you can enter your account information directly into a single site, and that site will then automatically […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.askmrcreditcard.com\/news\/web-site-review-credit-sesame\/\" \/>\n<meta property=\"og:site_name\" content=\"Ask Mr Credit Card Blog\" \/>\n<meta property=\"article:published_time\" content=\"2010-12-10T23:28:29+00:00\" \/>\n<meta name=\"author\" content=\"Jason Steele\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jason Steele\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.askmrcreditcard.com\/news\/web-site-review-credit-sesame\/\",\"url\":\"https:\/\/www.askmrcreditcard.com\/news\/web-site-review-credit-sesame\/\",\"name\":\"Web Site Review: Credit Sesame\",\"isPartOf\":{\"@id\":\"https:\/\/www.askmrcreditcard.com\/news\/#website\"},\"datePublished\":\"2010-12-10T23:28:29+00:00\",\"dateModified\":\"2010-12-10T23:28:29+00:00\",\"author\":{\"@id\":\"https:\/\/www.askmrcreditcard.com\/news\/#\/schema\/person\/18331587d05ff4eaeee29fd913227597\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.askmrcreditcard.com\/news\/web-site-review-credit-sesame\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.askmrcreditcard.com\/news\/web-site-review-credit-sesame\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.askmrcreditcard.com\/news\/web-site-review-credit-sesame\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.askmrcreditcard.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Web Site Review: Credit Sesame\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.askmrcreditcard.com\/news\/#website\",\"url\":\"https:\/\/www.askmrcreditcard.com\/news\/\",\"name\":\"Ask Mr Credit Card Blog\",\"description\":\"Just another WordPress site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.askmrcreditcard.com\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.askmrcreditcard.com\/news\/#\/schema\/person\/18331587d05ff4eaeee29fd913227597\",\"name\":\"Jason Steele\",\"url\":\"https:\/\/www.askmrcreditcard.com\/news\/author\/jsteele\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Web Site Review: Credit Sesame","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.askmrcreditcard.com\/news\/web-site-review-credit-sesame\/","og_locale":"en_US","og_type":"article","og_title":"Web Site Review: Credit Sesame","og_description":"Credit Sesame is a new type of personal finance web site that I have not yet encountered.\u00a0\u00a0\u00a0\u00a0 The closest analogy I have found is a loyalty point tracking site like Award Wallet.\u00a0 With a service like Award Wallet, you can enter your account information directly into a single site, and that site will then automatically […]","og_url":"https:\/\/www.askmrcreditcard.com\/news\/web-site-review-credit-sesame\/","og_site_name":"Ask Mr Credit Card Blog","article_published_time":"2010-12-10T23:28:29+00:00","author":"Jason Steele","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Jason Steele","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.askmrcreditcard.com\/news\/web-site-review-credit-sesame\/","url":"https:\/\/www.askmrcreditcard.com\/news\/web-site-review-credit-sesame\/","name":"Web Site Review: Credit Sesame","isPartOf":{"@id":"https:\/\/www.askmrcreditcard.com\/news\/#website"},"datePublished":"2010-12-10T23:28:29+00:00","dateModified":"2010-12-10T23:28:29+00:00","author":{"@id":"https:\/\/www.askmrcreditcard.com\/news\/#\/schema\/person\/18331587d05ff4eaeee29fd913227597"},"breadcrumb":{"@id":"https:\/\/www.askmrcreditcard.com\/news\/web-site-review-credit-sesame\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.askmrcreditcard.com\/news\/web-site-review-credit-sesame\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.askmrcreditcard.com\/news\/web-site-review-credit-sesame\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.askmrcreditcard.com\/news\/"},{"@type":"ListItem","position":2,"name":"Web Site Review: Credit Sesame"}]},{"@type":"WebSite","@id":"https:\/\/www.askmrcreditcard.com\/news\/#website","url":"https:\/\/www.askmrcreditcard.com\/news\/","name":"Ask Mr Credit Card Blog","description":"Just another WordPress site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.askmrcreditcard.com\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.askmrcreditcard.com\/news\/#\/schema\/person\/18331587d05ff4eaeee29fd913227597","name":"Jason Steele","url":"https:\/\/www.askmrcreditcard.com\/news\/author\/jsteele\/"}]}},"wps_subtitle":"","_links":{"self":[{"href":"https:\/\/www.askmrcreditcard.com\/news\/wp-json\/wp\/v2\/posts\/18117"}],"collection":[{"href":"https:\/\/www.askmrcreditcard.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.askmrcreditcard.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.askmrcreditcard.com\/news\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.askmrcreditcard.com\/news\/wp-json\/wp\/v2\/comments?post=18117"}],"version-history":[{"count":0,"href":"https:\/\/www.askmrcreditcard.com\/news\/wp-json\/wp\/v2\/posts\/18117\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.askmrcreditcard.com\/news\/wp-json\/wp\/v2\/media?parent=18117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.askmrcreditcard.com\/news\/wp-json\/wp\/v2\/categories?post=18117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.askmrcreditcard.com\/news\/wp-json\/wp\/v2\/tags?post=18117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}