Comments on: Mint Myths Debunked

By: 6 Cool Ways To Track Your Expenses Online — Broke Grad Student

6 Cool Ways To Track Your Expenses Online — Broke Grad Student — Wed, 01 Feb 2012 05:59:57 +0000

[...] I reviewed Mint last November and called it the easiest way for college students to manage their money. Since my review, they have added the ability to track student loans, mortgages, car loans, and investment accounts, so it can handle all of my accounts now. Out of all the sites I have tried, Mint offers the cleanest and most intuitive user interface. If you’re worried about security, don’t worry. I already debunked the myths. [...]

By: Jorge Cardona

Jorge Cardona — Thu, 13 Oct 2011 22:54:10 +0000

I just made a test, change my password to something random previous to connect mint with my bank, and I recovered the password after that. Mint worked correctly for two days, until today which is asking me again for my password of the bank. Is that normal? they store all password to sync the accounts? this is the most easy way to get robbed, I can’t imagine what will happens if someone hacks mint’s database.

By: Scott

Scott — Fri, 30 Sep 2011 23:26:05 +0000

“Read only acccess”, wow, Aaron is treading a fine line here.

Read only is a technical term, and technically Aaron is correct. Unless you can make balance transfers, rename accounts, withdraw money or any other management of your account it is in fact considered a read only view of the data. You would have write access if you could change anything from the mint.com interface and you can’t.

My thoughts are no matter what they are going to have to store the credentials for each account they need to access every time you login to mint.com. I believe they are also encrypting the stored passwords so… the data is in no more peril than any saved encrypted passwords you have for other accounts (including your bank account). If you have fears about trusting encryption schemes in general then you have bigger problems to worry about than mint.com. But yeah of course they store that info, how else do you think they login to your accounts?

I don’t care, do whatever you want to do. I’ve working as professional web developer at ad agencies for the last 10 years+, and based on my experience and what I know I’m OK with using a service like mint.com. The stuff in the article above makes sense. I don’t work for mint.com in any way.

Finally, how come no one has posted on here about how mint.com ruined their finances? Because it’s not a common occurrence. If there were issues, then I believe it would be common knowledge already and we wouldn’t in threads like this guessing. Can their data get stolen in the future? Yes, same as amazon, ebay or anywhere else you do transactions.

By: number_one

number_one — Fri, 30 Sep 2011 18:00:33 +0000

Just an FYI,

Mint was acquired by Intuit two years ago and since then they have stopped using Yodlee. So now all of your account credentials ARE being stored at Mint (Intuit).

By: How to make money online with CashCrate | lesma1997

How to make money online with CashCrate | lesma1997 — Fri, 12 Aug 2011 00:02:23 +0000

[...] those of you who may not know, I enjoy debunking myths. Whenever I hear something that sounds suspicious, I’m usually the first person researching it. [...]