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Crook Alert!! Costly "Free" Credit Reports.com

Updated on November 19, 2009

Free Credit Report.com Scam

I wondered who was paying for Experian's annoying Free Credit Report.com 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--

annualcreditreport.com

Read the fine print before signing up for "free" services and allowing monthly charges to your credit card or debits to your checking account! Ancestry.com 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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    • 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
      Author

      Ralph Deeds 7 years ago from Birmingham, Michigan

      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
      Author

      Ralph Deeds 7 years ago from Birmingham, Michigan

      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.

      Thanks!!

    • Ralph Deeds profile image
      Author

      Ralph Deeds 7 years ago from Birmingham, Michigan

      "Free" with "triple advantage"!

    • Lady_E profile image

      Elena 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.

      Cheers

    • 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.

    • profile image

      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

      Ralph,

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

      https://www.annualcreditreport.com/cra/index.jsp

      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
      Author

      Ralph Deeds 7 years ago from Birmingham, Michigan

      Thanks, AJ and CWB.

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