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

#173: Today I’m sharing an episode of NerdWallet’s 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.

Sean 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 “Today” show, Nasdaq and CNBC’s “Nightly Business Report.”

Resources Mentioned

NerdWallet's Smart Money Podcast

Article: Companies’ deceptive ‘dark patterns’ online cost you money. Here’s how to fight back.

Full Show Notes

(00:00) Introduction

(02:05) Credit Score Myth #1: Small Balance Equals Good Score

(04:29) Credit Score Myth #2: Checking Your Score Will Hurt Your Credit

(06:24) Credit Score Myth #3: Closing Old Credit Card Accounts

(09:50) A Listener's Favorite Money Mistake

(13:41) Are Digital Wallets the Safer Option?

(15:42) Ways to Secure Your Digital Wallet

(16:58) Challenges of Digital Wallets

(18:06) Privacy Around Digital Wallets

(21:12) Safeguarding Your Information Online & Offline

(24:22) How to Fight Back Dark Patterns

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