The Free Credit Report Scam

Every consumer in America has the right to a freereports have errors? If you spot these errors, you can
credit report once every year by law as ofget them cleared up before it affects your credit
September 2005. But since that law has passed therescore. If you contact a credit bureau about an error,
has been nothing but confusion.they have to clear it up or remove it after thirty days
The web sites that say they are offering this so calledby law.
free credit report, are asking us to give them our creditIf you monitor and review your credit report, you can
card information. Does that sound like a free creditcheck to be sure that you are not a victim of identity
report to you?theft. If someone takes over your accounts and
You may have even given your credit card number tocharges up thousands of dollars in debt, they can
these companies to sign up for a thirty day trial for adestroy your credit score in a matter of hours.
credit service that has almost nothing to do withThese are just a couple of good reasons why you
getting your free credit report.want to get your free credit report once a year and
In all fairness, you can cancel this service after thirtyinspect it just to be sure everything looks like it should.
days. But how many people do you think forget andYou can get your free credit report online at or by
end up with monthly or even annual credit cardphone or through the mail.
charges?So where do you get your credit score from? This is
In fact, these companies are counting on you forgettingwhere the confusion comes in and here is the answer.
about the thirty day trial and charging that fee on yourThe law Congress passed did not say anything about
credit card. But if the law says you get a free report,a credit score just one free credit report a year per
what's the deal?consumer.
A lot of people are confused about these free creditYou have to pay a service to get your credit score
reports because of how some companies areand some companies are confusing people with the
marketing the free credit report. Hopefully, thisway they are marketing this. They offer you a free
information will clear a few things up for you.credit report and score and many consumers believe
For people who just want the bottom line, a free creditit's their annual free credit report.
report is available at and this is the only official site thatBut if you have to sign up for a credit service they
helps consumers to obtain their annual free creditoffer for a 30 day trial period, does that sound free?
report.What these companies are counting on is you
This site's security protocols are excellent with physicalforgetting about the 30 day trial and charging a fee on
and technological security and encryption. That'syour credit card once that trial period is over.
important for identity theft purposes because theIt's in the fine print, but how many people actually read
information on your credit report should be seen bythat. So here is a good common sense rule of thumb.
your eyes only.Any time you have to give your credit card
So if this site is readily available and anyone can get ainformation, ask yourself, "is this really free?"
free credit report once a year, what's the catch? HereMany of you probably know this is happening because
is the catch: the credit report you get from does notyou have been trapped with this kind of marketing
have any credit scores.tactic. But for those of you that just want your annual
Now you may be asking, "Then what good is gettingfree credit report, you can at least be aware as to
this free credit report without a credit score?" Therewhat is really going on and have a no nonsense way
are a few good reasons why you may want to lookto get it.
at your credit report even without a credit score.Copyright © 2006 All Rights Reserved.
Did you know that more than forty percent of all credit