You are currently viewing Should You Trust Experian’s Smart Money Debit Card?

There’s not a lot of love for the credit bureaus, so why would you want one of them in your wallet? Experian’s pitch: A slightly better credit score. Maybe.

In what universe would anyone want to whip out a debit card with the name of a credit bureau on it?

For the past year, Experian has been testing this question with its Smart Money debit card, which it advertises as a way to “build credit without the debt.” TransUnion has no such card, and neither does Equifax, which exposed the data of tens of millions of people to hackers in 2017.

These are the three credit bureaus that play judge and jury with your financial life. Their reports are the foundation for the all-powerful scoring system that fulfills or kills your dream of a decent mortgage or car loan. The Consumer Financial Protection Bureau regularly calls out their flaws.

Experian, however, is loud and

Keep reading this article on The New York Times Your Money.

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