16 CFR Part 610 Amendments to Rule to Prevent Deceptive Marketing of Credit Reports and to Ensure Access to Free Annual File Disclosures #545091-00404

Submission Number:
545091-00404
Commenter:
Mr. Danny Kresky
Organization:
DKE presents
State:
FL
Initiative Name:
16 CFR Part 610 Amendments to Rule to Prevent Deceptive Marketing of Credit Reports and to Ensure Access to Free Annual File Disclosures

The advertising on TV and on the Internet by these credit companies advertising a "Free credit report" is a scam. Not only them, but others now advertise "try this for free" and it is a lie. If you request the free item you must sign a form whereas the company automatically forces you to provide your credit card and subscribe to a monthly report. Other companies also advertise "free product" but you must agree to purchase more in the future. Yes anyone can cancel but sometimes to cancel is a big hassle and takes time and a few calls. No one should have to be obligated to do anythng other than request a free report and get it. That does not happen.