Wednesday, October 21, 2009

Hate it when free credit reports aren't free? Tell the feds







By Diane C. Lade
Sun Sentinel (MCT)

FORT LAUDERDALE, Fla. - Federal trade regulators are changing the rules regarding how "free credit reports" are marketed, as required under the Credit CARD Act of 2009. And they want to hear from you.

The Federal Trade Commission is collecting comments on their proposed changes through Nov. 30. To submit electronically, go to http://public.commentworks.com/ftc/FreeCreditReportNPRM/. Or write: FTC, Office of Secretary, Room H-135 (Annex T), 600 Pennsylvania Avenue NW, Washington, D.C. 20580.

Among the agency's suggestions: Private companies that use "free credit report" in their name would be required to first send customers to a page explaining they are not AnnualCreditReport.com, the federally mandated centralized source.

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Posted By: Amy Nightingale

1 comment:

  1. Interesting, I assume you could access your credit reports for free with all those commericals advertising free credit reports.

    -Posted by Lily Mei

    ReplyDelete