Trusting Google to deliver best search results can hurt your wallet, study finds

Trusting Google to deliver best search results can hurt your wallet, study finds

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Google’s search engine is a common place for users to start their hunt for everything from the best sunscreens to the top finance and budgeting tools that will stretch their dollars the furthest. 

But Google’s search hub doesn’t always deliver the most accurate or useful results for financial products, according to a new study from personal finance website WalletHub. Far from showing searchers top-notch results, the search engine often yields responses that can cost people $202 on average, and up to more than $1,000 when looking for certain types of credit cards, the study found.

WalletHub evaluated Google’s results for commonly queried credit card and banking terms, and conducted a survey in which it asked consumers about how useful, accurate and aligned with their searches the results they received were. 

Megan Cerullo

Source: cbsnews.com