Free credit score my ASS!


Why do i even have to speak about this topic? Companies such as free credit score .com basically act as an agent for a fee. They attempt to get you hooked into a membership by offering free trial periods. usually a 7 day free trial period. Lets use free credit score .com as an example.  free credit score REQUIRES you to enroll in their triple advantage program (Here is the A- HA moment. If you now go to the www.experian.com site you will see that the triple advantage program is the same program that is offered by Experian. Are you starting to understand that with this blog i am trying to teach you how to look past the sales pitch). That after your 7 day free trial period if you do not cancel within those 7 days will automatically start billing you $14.95 a month. You can cancel your membership at any time BUT YOUR FEES ARE NON REFUNDABLE. Now let’s go to their frequently asked questions page where you will find some interesting facts and extras. They only offer the Experian credit score. But for an ADDITIONAL one time fee they will order  you the credit report from the other two credit bureaus. (that sucks because you should get all 3 credit reports as some times they differ from each other) they offer card safe service for an ADDITIONAL $19.95 annual fee. Child secure service for an ADDITIONAL $6.95 monthly fee. Which requires card safe for $6.95 monthly fee. Go to their site and read the rest for yourself. A few things i want to point out. Why in the world would anybody want to use a service like this, when you can go direct to the source (Equifax,Experian,Transunion) who already have most of your private and sensitive information and offer most of the same extra services. When you use free credit score .com they keep and store all your private and sensitive information. When you use their card safe service they keep and log all of your credit card information.(are you serious you worry about using your card at retail stores, but now you want to give access to your most private information and credit card numbers to a company based in san francisco but registered in Delaware). The credit score calculation that they call your plus score is just the standard calculation offered by Experian. They say things like, as a member you will ENJOY the following benefits like $50,000 product guarantee (yea but not in New York) I don’t know about you but i ENJOY things like a good restaurant, a base-ball game, sex, etc. I don’t know if i will ENJOY third-party sales offers, pop ups, or solicitations, or benefits at extra ADDITIONAL fees.We take privacy and security very seriously (i hope so, but what those that mean to me) all your information that they collect remains in their system. BOTTOM line you can get a free credit report from ALL 3 CREDIT BUREAUS AT www.annualcreditreport.com and if you want any of the extra options offered by free credit report .com you can get them directly from the 3 credit bureaus who ALREADY HAVE YOUR SENSITIVE information. Instead of having your information in the hands of some third-party company somewhere out-of-state. Come on people wake up. You should NEVER use companies like these that offer free credit reports, there are tons of them out there. Or who offer to repair your credit score (They CAN NOT) Instead go directly to the credit bureus. www.experian.com, www.transunion.com, www.equifax.com Its easy for you to do it yourself, but it does require you to do some work. Stop being lazy! Also go to www.ftc.gov

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12 Comments

Filed under Current events, Financial opinons, Life, Uncategorized

12 responses to “Free credit score my ASS!

  1. The fine print is always there isn’t it! Good post.

  2. The Fair Credit Reporting Act requires Experian, Equifa and Transunion to provide one free credit report per year. Free as in no charge. Free as in no sign up fees. Free as in no 14 day trial period.

    See: http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre34.shtm for the full information.

    “To order, visit annualcreditreport.com, call 1-877-322-8228, or complete the Annual Credit Report Request Form and mail it to: Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281. The form is on the back of this brochure; or you can print it from ftc.gov/credit. DO NOT CONTACT (my emphasis) the three nationwide consumer reporting companies individually. They are providing free annual credit reports only through annualcreditreport.com, 1-877-322-8228, and Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281.”

    I help my pro-bono bankruptcy clients (indigent, disabled, elderly) get these and the trick is to compare all three as the information may vary from one to another. If you find inaccurate information you can then write to the one with the bad data and ask to have it corrected – or at the very least, noted in your file in the event of a dispute.

    I agree there are lots of scams going on out there to bilk consumers of their money and this is only one of them.

  3. Love the humor! “Free,” what a complete joke! Great info. Thx!

  4. Nothing is free, I had the experience of being threatened instead when I try to cancelled the membership. I got flooded with the unhappy plus threatening tone. And a very rude hang up while in conversation. 🙂

    • This is why i have this blog. To share my experiences and to have wonderful readers like yourself contribute with your real life experiences and maybe we can help others stay away from these kinds of problems. Thank you.

  5. Fabulous eye-opening information, Pete. Thanks for the magnificent job you do of informing consumers and — hopefully — encouraging them to actually think for themselves before they act. Keep up the good work!

    • Thank you Mrs. Williams this comment coming from a pro with the credentials you have is very important to me as i want to offer good advise and its good to know that i am heading in the right direction.

  6. Great information! I’ve learned to avoid “free” promotions. There’s no such thing a a free lunch, free credit score, or free night’s stay at the Motel 6! I sometimes feel like an innocent fish swimming around during one of those fishing tournaments. “Look at all the pretty lures…”

    • Lorna thanks for coming back. You are so right, almost nothing is free. Today i heard on the radio GET IT ABSOLUTELY FREE, JUST TAKE CARE OF THE SMALL HANDLING AND PROCESSING CHARGE. well hell then its not free is it!

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