Comments on: Using Yodlee

By: raising4boys.com

raising4boys.com — Thu, 04 May 2006 15:38:42 +0000

My only complaint about Yodlee is that it double reports one of our joint accounts… My wife and I both have retirement accounts at Vanguard, and we also have a joint account. This latter account is accessible through both of our logins, and it gets pulled into the OnCenter twice (or at least is used to — I haven’t used it in awhile). I wrote to them about this and neever heard back, but it seems like it should be easy enough to allow users to manually exclude a duplicate account of this sort. The thing I really liked about Yodlee when I was checking it out was that it allows you to track all of your frequent flyer, etc. accounts all in one place, in addition to your finances.

By: Cap

Cap — Thu, 04 May 2006 04:47:13 +0000

the majority of major banks use Yodlee’s technology for online banking anyway, so I don’t really lose any sleep over this. Same w/ recent Quicken or MS Money, they use Yodlee to aggregate & link the online banking accounts. Same deal with Yahoo Finance’s old feature.

so if you don’t really like Yodlee.. you shouldn’t use Quicken or MS Money’s account linking features. as mentioned I like the many features available.. and it’s easy for me to login, click on update and do a quick scan of my various accounts.

By: Jordan

Jordan — Thu, 04 May 2006 01:56:34 +0000

If you’re interesting is using Yodlee to avoid fraud, you can setup various alerts. I love this feature. Like, on all the credit card details page I can put, “alert me whenever there is a transaction above $200.” I can also have, “Notify me when my payment excess $….” and this is great!

By: Herb

Herb — Wed, 03 May 2006 17:14:20 +0000

My problem with this type of thing is that you’re betting on the security and reliability of one company. What happens when they “lose” your data or get cracked? All of a sudden, every acct you have is at risk.

And unless it affects California customers (unlikely, but still…), they don’t even have to tell you when a security breach happened or if it affected you. I’d much rather store everything in Quicken and my local PC. My security measures probably aren’t as good, but neither is the payoff of breaking into my computer so I think I have better odds of protecting my data than a company does.