FTC Amends Free Credit Reports Rule To Help Consumers Steer Clear of ‘Free’ Offers that Cost Money

Posted on March 10, 2010. Filed under: Uncategorized |

“Starting April 2, advertising for “free credit reports” will require new disclosures to help consumers avoid confusing “free” offers – which often require consumers to spend money on credit monitoring or other products or services – with the no-strings-attached credit reports available at AnnualCreditReport.com, or 877-322-8228.”

click here for the full FTC article

You know the “misleading” television ad they are referring to, the one with the crazy guy playing the guitar.  Starting April 1st, these ads will have to have a disclosure that you can go to www.annualcreditreport.com  to get that truly FREE credit report !  I am very glad to see the government finally address this issue.

John Rogers, Kentucky Bankruptcy Attorney

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