Tuesday, August 12, 2008

The Experian Scam

I'm sure you have all heard of FreeCreditReport.com. Its commercials have aired over 90,000 times so far. But what they take great measures to cover up is the fact that FREECreditReport.com is a huge scam. There is nothing free about its credit report. It gets people to sign up for what they think is a free credit report, and automatically signs them up for a $15 monthly charge. Most of their customers never notice they have been scammed into paying for this, and they have no mention through the sign-up process that they actually will charge you anything. If you don't pay attention, you will pay about $80 a year for the rest of your life, or until you notice they are slowly leeching away your hard earned money. And they don't give you anything worthwhile in return either. You can get a truly free credit report from the government at any time without having to pay a penny, and it's much easier. Businesses like Experian should be shut down by the government for preying on innocent people. It's legal robbery, and it should be stopped.

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