Have you thought about your credit score lately? Chances are, someone out there already has – but for different reasons. Nationally, BBB® has received more than 2,600 complaints regarding a company sending emails offering the consumer’s credit score free for seven days. After that time, there is a charge.
The Fair Credit Reporting Act (FCRA) requires each of the nationwide credit reporting companies — Equifax, Experian, and TransUnion — to provide consumers with a free copy of your credit report, at your request, once every 12 months. Recently, an email was sent out stating “Your complimentary credit scores are ready for viewing” then it instructs the recipient to select a link. The email message includes terms like “free report” or includes URLs that purposely misspell a legitimate website that truly does offer free credit reports, in the hope the consumer will mistype the name. Some of these “imposter” sites will then direct consumers to other sites that try to sell you something or collect your personal information.
Consumers reporting the emails say they don’t understand they are required to cancel within seven days nor understand they are agreeing to paying a monthly membership fee when they select the link or know the link may also release a phishing virus onto the users computer causing great harm to their files and personal information. The company sending out the emails goes by several names, often with the word “free” in it.
Bottom line, carefully review any and all terms and agreements before you agree to sign up with any company– no matter what its name or advertising says. Carefully read any email you don’t recognize and do not select any links within the email. If you don’t recognize the email at all, delete it without even reading it.
Start with someone you Trust. Visit bbb.org.