|Received:||12/23/2004 11:38:09 AM|
|Agency:||Federal Trade Commission|
|Rule:||Advance Notice of Proposed Rulemaking, Request for Comment|
|Docket ID:||RIN 3084-AA94|
Comments:I am for the part of the Act that allows consumers one free credit report per year. However the amount that credit agencies will be allowed to charge for credit scores is too high. After doing some math, it seems that the cost of getting a credit score from all of the agencies if they charged their "reasonable fee" can be more than half of what it would cost to get a credit report! Agencies should not be able to charge more than a dollar or two for credit scores. Especially if they are received electronically. There is no cost for paper or postage to worry about in that case. Please don't allow the credit agencies to continue overcharging consumers for what they have a right to know. Thank You.