Thank goodness, the FTC is finally trying to crack down on the deception of freecreditreport.com (New York Times)

Posted on November 4, 2009. Filed under: Uncategorized |

From the New York Times:

On television it’s hard to miss the wildly popular band of slackers singing ruefully from a shabby apartment or while waiting tables in pirate regalia. The ruined credit that led to their financial misfortune might have been sparkling if only they’d tracked their status on freecreditreport.com.

The Federal Trade Commission is not amused. It has long believed that the company that owns freecreditreport.com is deliberately diverting people from a government-mandated site where consumers can get free credit reports by law, and using the reports as a lure for a $14.95 monthly service that alerts subscribers to important changes in their credit status.

click here for full New York Times Story

click here for the FTC ad debunking the deception or watch below:

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