Personal finance social network WalletHub.com is now out of beta mode and available to the public. According to a news release from the Arlington, Va.-based company, WalletHub.com is “designed to help consumers quickly make the best financial decisions.”
WalletHub.com allows users to read and view reviews for upwards of 1 million personal finance firms, products, and professionals. Users can search for financial companies based on rating, and the financial companies are provided access to respond to reviews left by users.
“The Great Recession was a stark wake-up call to the need for greater transparency in the personal finance industry as well as the development of tools and information that can help make the complicated task of responsible money management easier for everyone,” said Odysseas Papadimitriou, founder and CEO of WalletHub.com.
Other features of WalletHub include:
• Capability of users to ask questions about a specific financial topic to companies, professionals, or the entire WalletHub online community;
• Groups, which allow users to hold discussions around similar personal finance-related interests; and
• Wallet Points, which are earned by users the more reviews and other content they publish.
In addition, WalletHub lets users follow personal finance-related news outlets, financial experts, individual writers, topics, companies, and blogs.
It also provides current rates and fees for “thousands of financial products,” according to the company.