Free Credit Report Websites VS Annualcreditreport.com
Equifax®. Experian®. Transunion®.
In today’s world you are constantly bombarded with ads promising things, such as free this or free that, but you must remember that barely anything in life is free. Such things include free credit scores or free credit analysis. Do not fall for false advertising. There are many companies out there that will promise you free credit monitoring or free credit scores and you think “Great! Sign me up now!” However, this isn’t the case. For example, while watching a TV commercial, an ad for “free credit scores” came on. As I listened, they explained that they offered a completely free credit rating, whenever you requested as well as free credit monitoring.
The next morning, as I did my research, I went to the website and began the sign up process. As I got to the last step, they asked me for my credit card information. Strange, since they advertised everything was FREE. Located in the banner to the right of the sign up information they asked for a dollar which was completely “refunded” later (they didn’t say when) and was used as a “set up fee”. Next, I noticed the fine print, which read that the dollar WAS refunded, but after seven days you would be charged a monthly fee between $19.95 to $39.99, but you can cancel within seven days to not be charged.
The point of this article is that no matter what you sign up for, read the fine print and do your research. I decided to look up this company with the BBB (Better Business Bureau) and in their report they include a paragraph that explains that the ONLY company federally authorized to offer a free credit report was Annualcreditreport.com which gives you all three credit reports for FREE once a year. It’s federal law that you are permitted to receive a copy of your credit report once a year completely free of charge. However, freetriplescore.com is not the place to receive this offer.
Annualcreditreport.com was created by the three main credit reporting companies: Equifax, Experian and Transunion. It provides consumers to obtain a free credit report once every twelve months from each reporting company in accordance with the Fair and Accurate Credit Transactions Act (FACT Act). This service is not only very convenient, it’s fast… you can obtain each credit report securely on the internet, by telephone or by mail. Each of the companies has always encouraged customers to view their credit reports on a regular basis.