16 CFR Part 610 Amendments to Rule to Prevent Deceptive Marketing of Credit Reports and to Ensure Access to Free Annual File Disclosures #545091-01135

Submission Number:
Larry Chesebro
Ending Corp, Inc.
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
Dear Federal Trade Commission, As a consumer, I would like to comment on the proposed rules regarding the advertisements by the credit repositories for free credit reports. Speaking for myself, I have not been mislead by the ads from Freecreditreport.com and others that advertise free credit reports on the Internet and on TV. I understand these ads are not the free credit report disclosure available under Federal law. I understand these ads require some sort of paid membership to get their free credit reports, and eventually if I don't cancel the service, my credit card will be charged. Personally I don't have a problem with these ads as long as they continue to have some form of disclosure that the "free credit reports" advertised are free only insofar as the consumer is signing up for a service like credit monitoring, and the consumer must cancel before the free trial period ends or the consumer will be billed some amount on their credit card. However, I believe canceling this service should be easy for the consumer and not take a huge amount of time to perform the cancellation. I take issue with the advertising and 'up sales' the consumer receives when they go to the central web site mandated by U.S. law, to obtain a copy of their three credit reports. The Annualcreditreport.com site is confusing enough without allowing the credit repositories to advertise and confuse the consumer further with non-free credit report products. I also object to the credit report product offers that continue to be emailed to me by the credit repositories after I applied for my free credit report. Because I was required disclose my email address during the process to obtain my free annual credit report from Annualcreditreport.com, does not mean the credit repositories should have carte blanche to send marketing emails to me. I have received numerous advertisements from TransUnion/TrueCredit for additional credit report products because they received my name and email through the Annualcreditreport.com site. Each of these products required I pay an additional fee. I don't believe additional marketing by the credit repositories was ever intended when Annualcreditreport.com was initially provided to the U.S. consumer. I think the Annualcreditreport.com site should only allow the free credit report disclosure available under to law to be presented. I do not believe the credit repositories should be able to market additional products to the consumer on the federally mandated site. Sincerely, Larry K Chesebro President Ending Corp, Inc. P. S. Attached is an example offer from TransUnion/Truecredit I received on December 6, 2009. This is one, in a string of many other sales emails, that have been sent to my email address during the last several months by TransUnion/TrueCredit.