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Credit Sesame Launches an Easy Way for Consumers to Measure Their Credit and Loan Health

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Credit Sesame Launches an Easy Way for Consumers to Measure Their Credit and Loan Health

Press Release

Contact:
Credit Sesame
media_pr@creditsesame.com
Phone: 650.273.4366

Credit Sesame Launches an Easy way for Consumers to Measure Their Credit and Loan HealthNew Service Compares Consumer’s Finances to Peers and the Market, shows them how to
outperform both and save

Sunnyvale, CA – September 13, 2012 – Credit Sesame, the best free way for consumers to see their monthly credit score and act on it, today introduced an easy way for consumers to get a complete picture of their overall financial health and evaluate their credit, debt and the terms of their loans against their peers and the market. The new service provides customized, actionable recommendations regarding how consumers can save money and outperform their peers when it comes to their credit and loans.

“We provide consumers with a free credit score, which is an indicator of the consumer’s credit fitness, but it doesn’t provide any information about the consumer’s overall credit and loan health,” said Adrian Nazari, founder and CEO of Credit Sesame. “Our new service is free and designed to tell the whole story. Consumers can find out if they’re debt burdened and if they’re overpaying for their loans. It compares them to their peers and the market and shows them how they can outperform both and save money.”

The service helps consumers find out important things like:

  • What is the overall health of my credit and loans at a glance? They will be able to see an overall financial fitness indicator for their credit, debt and the terms of their loans.
  • How’s my credit? What is my credit score? How much of my available credit am I really using? How does my credit compare to my peers? Consumers can easily find out how good their credit is and act on it to get a better deal on their loans.
  • How leveraged am I? Do I have the right amount of debt relative to my income? Can I afford my loans? How do I compare to my peers? Consumers can measure their debt burden and act on recommended action plans to improve their situation.
  • How good are the terms of my loans? Is there a better alternative available for my credit cards, mortgages and loans in the marketplace? Credit Sesame monitors the market for consumers and helps them identify and act on areas where they may be overpaying compared to what is available for their credit profile in the market.

“It’s now easier than ever for consumers to quickly find out how their credit and loans are performing and act if something can be improved,” said Nazari.

For more information, please visit www.creditsesame.com.

About Credit Sesame

Credit Sesame is the best free way to see your monthly credit score and act on it. Its proprietary algorithm monitors the market, analyzes consumers’ current credit profiles and provides them with 100 percent unbiased recommendations on their mortgage, credit cards and personal loans so that consumers can act smarter on their credit and save money. The company was founded in 2010 and is based in Sunnyvale, California.

For more information visit www.creditsesame.com or check out our Twitter handle (@creditsesame), Facebook page (http://www.facebook.com/creditsesame), or personal finance blog ({{BLOG_URL}}/)

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