What did Rocket Money used to be called? (2024)

What did Rocket Money used to be called?

What was Rocket Money called before? Rocket Money was originally known as Truebill when it was founded in 2015. The company was acquired in 2021 by Rocket Companies—which also owns Rocket Mortgage, Rocket Loans, and is the issuer of the Rocket Visa Signature® Card. Its name changed in late August, 2022.

What was the old name of Rocket Money?

Rocket Money (formerly Truebill) is a leading personal finance app with the mission to empower people to live their best financial lives.

What is the other name for rocket money?

Rocket Money (formerly Truebill) is an app that focuses on managing bills and canceling subscriptions. Rocket Money's subscription cancellation service costs money and doesn't work for everything.

Why did Truebill change its name?

In the same month, Truebill changed to Rocket Money – bringing the company closer to the other businesses on the Rocket Companies platform and provide the opportunity for Rocket Money to better help consumers at various touchpoints throughout their financial lives.

Is Rocket Money related to Rocket Mortgage?

As a Rocket Mortgage client, you'll get the Rocket Money premium service for free. You'll be able to take advantage of every feature we've talked about in addition to the following: Unlimited budgeting categories: Quickly and easily set up a budget to track where your money is going.

What is the Rocket Money controversy?

The complaint alleges that the manipulative design of Rocket Money's interface and its misleading representations to consumers are unfair, deceptive, and abusive practices under the Dodd-Frank Act. While Rocket Money advertises itself as free, the labyrinthine design of its sign-up process extracts fees from users.

What is Truebill called now?

Rocket Money (formerly Truebill), however, seeks to remove some of that hassle. It's an app and an online platform that syncs to your accounts to find subscriptions you've been paying for.

What's better Mint or rocket money?

Mint is a budgeting app first and foremost, whereas Rocket Money is a personal finance app with budgeting, credit reporting, and bill negotiation features. This means Mint is more comprehensive for creating custom budgets and managing your spending, but Rocket Money has more features overall.

Is Rocket Money as good as Mint?

In terms of comparing Rocket Money (Truebill) vs. Mint, if you need to start cutting back on monthly bills, for example, Rocket Money (Truebill) might be better for you. If you want help managing your spending habits and financial accounts, using Mint to create monthly budgets might be the better alternative.

Who started Rocket Money?

Haroon Mokhtarzada is the CEO and Founder of Rocket Money (formally Truebill), a bill management software and app.

Why did Rocket Money rebrand?

The Challenge. Focused on driving high-quality acquisition, the team at Rocket Money wanted to capture the attention of people searching for financial help on the App Store. They also needed to educate potential customers about their rebrand from Truebill to continue scaling customer growth.

Does Rocket Money really lower bills?

Yes, Rocket Money can really lower your bills when you use its bill concierge service, which is available on a Premium account. Rocket Money has direct relationships with popular cable, cell phone, and internet companies, allowing them to negotiate your bills to a price you're more comfortable with.

Can I trust Rocket Money?

Is Rocket Money legit? Yes, Rocket Money is a legitimate budgeting app that can help you track your spending habits, identify ways to save money and get a better handle on your personal finances. It has a 4.5-star (out of 5) rating on Trustpilot and is accredited by the Better Business Bureau.

Who bought Rocket Money?

Rocket Money was originally known as Truebill when it was founded in 2015. The company was acquired in 2021 by Rocket Companies—which also owns Rocket Mortgage, Rocket Loans, and is the issuer of the Rocket Visa Signature® Card.

Is Rocket Money owned by Quicken?

Rocket Mortgage, LLC, formerly Quicken Loans, LLC, is an American mortgage lender, headquartered in Detroit, Michigan. In January 2018, the company became the largest overall retail lender in the U.S., it was also the largest online retail mortgage lender in 2018.

Why did Rocket Mortgage change its name?

In July 2021, we changed our official company name from Quicken Loans to Rocket Mortgage. We did this because Rocket Mortgage defines what we do best – take a complicated process and make it simpler using technology.

Does Rocket Money ask for SSN?

These inquiries may include asking you for further information, requiring you to provide your full address and Social Security number, and/or requiring you to take steps to confirm ownership of your email address or financial instruments, ordering a credit report, or verifying information you provide against third ...

Does Rocket Money affect your credit score?

If you're interested in regularly checking your credit score, the Rocket Money app lets you do so, without hurting your credit. The Rocket Money app uses credit information from Experian™ and uses the VantageScore® model to assess your creditworthiness.

Why is Rocket Money being sued?

In June, a California resident sued Rocket, alleging that the lender made unsolicited calls and sent text messages to consumers who registered their phones on the DNC registry. Rocket, in response, also dismissed the lawsuit as baseless.

Why is Truebill gone?

Rocket rebrands recently acquired personal finance app

After purchasing Truebill, a 7-year-old app that helps customers manage budgets and save money, late last year for $1.3 billion, Rocket is rebranding the service to Rocket Money.

How much does Rocket Money cost per month?

Premium Membership

These prices can vary at times and across platforms, but in general, members can choose monthly prices between $6-$12 per month. As a new Premium member, you'll receive a 7-day free trial to explore the additional features. After this period, you'll be charged the amount you chose during sign-up.

What is the free app that cancels subscriptions?

Formerly known as Truebill, Rocket Money is an all-in-one financial management app that can help you stay on top of all your expenses, including subscriptions. During its lifespan, Rocket Money has served over five million users and canceled over a million subscriptions on their behalf.

Is Mint going away in 2024?

Mint will go offline March 23, 2024.

The Mint budgeting app officially shut down on March 23, 2024, and users can no longer access their data on the app. Intuit®, which owns Mint and other personal finance platforms like QuickBooks® and TurboTax®, suggested users migrate to Credit Karma, which it also owns.

Why is Mint shutting down?

According to its parent company, Intuit, Mint wasn't making enough money, so Intuit began the app's closure in January. On March 23, Mint users will no longer be able to access their account data, which could include over a decade of their spending and financial history.

Why is Mint going away?

Mint recently announced: “Reimagining Mint as part of Intuit Credit Karma will expand our capabilities,” which is them trying to put a positive spin on the fact that they're shutting down their budgeting app capabilities—and Mint budgeters won't be able to access their budgeting accounts or continue budgeting starting ...

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