Tuesday, July 15, 2008

FreeCreditReport.com Truth

Ok so you have probably seen the commercials on TV. about "FreeCreditReport.com" a website that claims they can give you your credit report for free. So I’ve done some research and im going to tell you THE TRUTH.

Well the truth is you can get a free credit report, but there’s a catch(as usual). The catch is actually stated in small print on the front page of there website:

"When you order your free report here, you will begin your free trial membership in Triple AdvantageSM Credit Monitoring. If you don't cancel your membership within the 7-day trial period**, you will be billed $14.95 for each month that you continue your membership."

What this means is saying is that to get your free credit report you must sign up for a membership at $14.95 a month. There’s good news though, if you cancel the membership in the first "7 day trial period" you will pay nothing and get your free credit report!

They do this because they know that people will forget to cancel or not even pay attention to the subscription. I think this is a perfect example of how easy it is to take advantage of Americas increasing lack of smarts and common sense.

My final verdict: If you have read all above...you might be able to get it safe, but I wouldnt risk it.

-Quote above(can be found on FreeCreditReport.com)
-I've personally looked into it myself.

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