New Rules for FREE Credit REports!
the FTC has amended rules governing fee report offers in an attempt to prevent deceptive advertising practices. Effective April 2010 any advertising for a free credti report must include a disclosure n hotifying consumers that they have the right to a free credit report form AnnualCreditReport.com or 877.322.8228 the ONLY AUTHORIIZED sources under federal law.
The new rule is intended to reduce consumer confusion about offers that are advertised free and then require consumers to spend money on credit monitoring or other services and products.
The amneded rule alos requires the three reporting agnecies – Equifax, Experian and Tran Union – to delay any advertising products or services on AnnualCreditReport.con until AFTER consumers receive their free credit reports