Credit Card Law Will Curb FreeCreditReport.com Ads

[jeffrey]

The credit card reform bill signed into law by the president on Friday won't just put a stop to several unfair practices of the credit card industry -- it also targets misleading advertisements for phony "free" credit reports.

The "free credit report" advertised non-stop on cable television, it bears repeating, isn't free at all. The law calls for the Federal Trade Commission to issue new rules that will force free credit report advertisers to inform consumers that the only place for a free credit report is AnnualCreditReport.com...

Credit Card Law Will Curb FreeCreditReport.com Ads

[Joan.of.the.Arch]

I am sorry some people are not careful to read even very short contracts they consent to, whether on the internet or in person. I used freecreditreport.com about three years ago and did not find them deceptive at all. It was all spelled out in writing, and not in tiny script or buried deep in a bunch of legalese. I found it to be quite upfront. Through them, my report was free and I did cancel the subscription just moments after downloading the report. It was clear that the money making side of their business was the monitoring service, but I did not want it, so I just cancelled. I never paid a cent.

[irmanator]

i agree.....

[red92s]

I love the google-ad at the bottom for . . . freecreditreport.com!

[kork13]

Good. I hate their aggravating commercials.

Idiot actor + jingle writer + ridiculous service = freecreditreport.com ads.

[boosami]

I've used probably 5 different "free" credit reporting sites over the years to get my report at no cost and to try out the features (after I had already used the real free option). They were all absolutely clear about the length of the trial membership and other terms. When something says "try it free for 7 days, regularly $49.95" how hard is it to cancel after 7 days, really?

It's like the people who buy from an infomercial for "3 easy payments of $19.95" and then get upset after they've paid $60 not $20. And then they get the product and it's a piece of crap.