Government now demanding that 'free credit reports' must be just that: free.
New post at Credit.com to their affiliates warns that all websites offering such products must comply with FTC rules:
Effective April 1, 2010, the Federal Trade Commission's Free Credit Reports Rule will require new prominent disclosures in all online advertisements for "free credit reports." Any site marketing free credit reports will be required to include a disclosure across the top of each page stating:
THIS NOTICE IS REQUIRED BY LAW. Read more at FTC.GOV.
You have the right to a free credit report from AnnualCreditReport.com
or 877-322-8228, the ONLY authorized source under federal law.
The disclosures must also include a clickable button to "Take me to the authorized source" and clickable links to AnnualCreditReport.com and FTC.GOV.
This will help end the confusion, since consumers have complained that they log onto websites seeking a free credit report and/or credit score, and they must pay for 3-in-1 credit monitoring or pay for other services to actually GET the freebie adverised.
You can get free information on downloading, reading, disputing and cleaning up your credit reports from the Big 3 credit reporting agencies - TransUnion, Experian and Equifax -- by visiting our totally-free, no-fee website, http://www.findhow2.com
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