16 CFR Part 610 Amendments to Rule to Prevent Deceptive Marketing of Credit Reports and to Ensure Access to Free Annual File Disclosures #545091-00925

Submission Number:
545091-00925
Commenter:
Mr. Arthur Soifer
State:
PA
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

Stop the advertising for free credit reports which don't include the FICO score, which the most important part of ones credit report. All of the advertisers make you think you can get your FICO score for free. Not even the government gives you your FICO score for free (every 2 years?) People are losing money every month with credit card companies offering to monitor ones credit history typically for $20 a month or more. This is no bargain. With government program people can get enough, they don't need to spend $20 a month to monitor their credit. The entire credit report "industry" is ripe with misrepresentations. This rip-off is plain as day. This doesn't require 1,000 pages of legislation. Stand up for the average working person and their families.