Crook Alert!! Costly "Free" Credit

Free Credit Scam

I wondered who was paying for Experian's annoying Free Credit TV commercials. Now I know. Many people who request the "free" credit reports fail to read the fine print and unknowingly sign up for an expensive ($179.40/year) and, for most people, unnecessary credit monitoring service. An article and video from the 11-18-09 NY Times is linked below. There is only one absolutely free source of free credit reports. It is--

Read the fine print before signing up for "free" services and allowing monthly charges to your credit card or debits to your checking account! has also experienced many complaints from unhappy customers who have had difficulty stopping the credit card charges or bank account debits.

A credit card company tried time after time to sign me up for a similar credit monitoring service using scare tactics about all the dire possibilities that their service would prevent. However, they acknowledged in the spiel what the monthly charges would be after the "free trial period."

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Comments 15 comments

breakfastpop profile image

breakfastpop 7 years ago

Dear Ralph,

Important hub. Thanks so much for the info.

kartika damon profile image

kartika damon 7 years ago from Fairfield, Iowa

Thanks for the warning! - I wondered about this too!

eovery profile image

eovery 7 years ago from MIddle of the Boondocks of Iowa

Yeah, I hate these things.

You have to be careful on everything you look at today. Especially if it says free. I think the meaning of free has been changed to, sign up for our services.

Keep on hubbing!

Ralph Deeds profile image

Ralph Deeds 7 years ago Author

I think you're right.

JamesBenjaminJrMD profile image

JamesBenjaminJrMD 7 years ago from USA

Very Good Research Mr. Ralph Deeds!

jiberish profile image

jiberish 7 years ago from florida

Ralph, I worked for two large credit card companies and both offered it to customers. Only after they got their bill did they realize it wasn't free. BAC would sometimes reverse the charges, while Capital One did not. It's a scam al right. Good job!

Ralph Deeds profile image

Ralph Deeds 7 years ago Author

Good to get confirmation from an insider! Thanks, jib.

A.J. Frank profile image

A.J. Frank 7 years ago from Rochester

Great info I was wondering what they meant when they said "free with enrollment in triple advantage." Didn't sound free to me.


Ralph Deeds profile image

Ralph Deeds 7 years ago Author

"Free" with "triple advantage"!

Lady_E profile image

Lady_E 7 years ago from London, UK

Its' good that you are making people aware of this Scam. Experian Ads are all over the internet and have been for a while - I just ignore them.


blue dog profile image

blue dog 7 years ago from texas hill country

thanks, ralph, for this info. everywhere one looks there's another hook.

Army Infantry Mom profile image

Army Infantry Mom 7 years ago

Good hub Ralph,...That fine print is a *ss biter thats for sure. My theory,..nothins free - if it is - watch out. Hopefully this hub will prevent anyone else being scammed.

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ColdWarBaby 7 years ago

You are providing an invaluable service with your investigative reporting Ralph. Keep up the excellent work.

A.J. Frank profile image

A.J. Frank 7 years ago from Rochester


I accessed and looked this up. The ONLY way to get an absolutely free credit report (once yearly) is to log onto:

This site will allow you to get a credit report from all 3 agencies once yearly at no cost. For a few bucks more, you can get your credit score, but you don't have to.

I know this works because I used it. It's easy!!

Ralph Deeds profile image

Ralph Deeds 7 years ago Author

Thanks, AJ and CWB.

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