Free Credit Reports Not Free ....Feds Fight Back with new Video!

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Real Estate Services with Capital City Mortgage Investments, Inc Since 1994

Free Credit Reports Not Free Feds Fight Back with new Video

AnnualCreditReport.com. Is the Web site where you can go to get three free credit reports a year, one from each of the Big Three major credit reporting agencies. But the sings fools at Freecreditreport.com have gotten the Fed's attention. The video below proves it.

Not all consumers know that they actually have been entitled to three free credit reports a year, one each from the three major credit report agencies -- Equifax, Experian and TransUnion, but from the beginning there's been confusion because of all of confusing advertisements. The FTC, in the past five years has gotten a whopping $1.25 million in fines from Experian, which owns FreeCreditReport.com, to settle charges that its ads were misleading.
As part of the FTC's war against misleading advertisements, the federal agency made a spoofed FreeCreditReport.com ads to make the point about misleading ads that confuse 1000's of people everyday. 

Again annualcreditreport.com is the only place to get a FREE report.  If want to pay for one go direct to Equifax and purchase the three bureau report one with scores.  The others are just marketing ploys trying to sell to all types of credit protection and reports. Getting your report through them  other than the acually credit  bureau s can actually LOWER your scores.

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Peter


404-643-4793

 

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This is good information to know..thank you.

February 07, 2011 10:46 AM
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