Digital Wallet Security and Credit Score Myth Debunking with NerdWallet's Smart Money

Published: May 18, 2024, 9 a.m.

#173: Today I\u2019m sharing an episode of NerdWallet\u2019s Smart Money Podcast, where hosts Sean and Sara address the safety and privacy concerns of digital wallets and debunk common credit score myths. They highlight the importance of securing your digital wallet by leveraging phone security features, understanding privacy policies of digital wallet providers and implementing proactive measures to safeguard your information online.\nSean Pyles is the executive producer and host of NerdWallet's Smart Money podcast. His writing has appeared in The New York Times, USA Today and more. Sara Rathner is a NerdWallet travel and credit cards expert. Her work has been featured on the \u201cToday\u201d show, Nasdaq and CNBC\u2019s \u201cNightly Business Report.\u201d\nLink to Full Show Notes: https://allthehacks.com/digital-wallet-security-credit-score-myths\n\nResources Mentioned\nNerdWallet's Smart Money Podcast\nArticle: Companies\u2019 deceptive \u2018dark patterns\u2019 online cost you money. Here\u2019s how to fight back.\n\nFull Show Notes\n(00:00) Introduction\n(02:05) Credit Score Myth #1: Small Balance Equals Good Score\n(04:29) Credit Score Myth #2: Checking Your Score Will Hurt Your Credit\n(06:24) Credit Score Myth #3: Closing Old Credit Card Accounts\n(09:50) A Listener's Favorite Money Mistake\n(13:41) Are Digital Wallets the Safer Option?\n(15:42) Ways to Secure Your Digital Wallet\n(16:58) Challenges of Digital Wallets\n(18:06) Privacy Around Digital Wallets\n(21:12) Safeguarding Your Information Online & Offline\n(24:22) How to Fight Back Dark Patterns\n\nConnect with All the Hacks\nAll the Hacks:\xa0Newsletter\xa0|\xa0Website\xa0|\xa0Membership\xa0|\xa0Email\nChris Hutchins:\xa0X\xa0|\xa0Instagram\xa0|\xa0Website\xa0|\xa0LinkedIn\n\nEditor\u2019s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.