If you’ve ever watched a television in the last few years, you’ve undoubtedly seen the FreeCreditReport.com commercials with the guy playing the banjo. In recent months, Experian, the parent company of FreeCreditReport.com, has come under fire because:
- The credit reports are free, if you remember to cancel the trial (big if!).
- Consumers have been educated by the FTC that they can get a copy of their credit report for free once every 12 months, no strings attached… except they have to go to AnnualCreditReport.com, not FreeCreditReport.com.
- Consumers are, knowingly or unknowingly, signing up for the trial service, getting their free credit score and reports, and then not canceling.