There are good guys. There are bad guys. Sometimes it's hard to tell
the difference. Let's take a quick look at all of those
opportunities to get a "FREE CREDIT REPORT."
First, nobody gives anything away for free, unless there is at least
the promise of something in return.
If you "win" a "free" vacation, what it costs you is your time --
sitting in a cushy seat and having a high-pressure salesman convince
you beyond all reasonable doubt that you simply must become the
owner of a vacation time share condominium in Bora Bora.
Consumers PAY for free credit reports in one of two ways:
The agency may be selling your name and contact information based
upon your credit score. If your score was good, you get bombarded
with everything from credit card offers to new car advertising to
those magic calls telling you that you won that FREE vacation we
mentioned above. Remember, your credit report may offer some great
information about your buying habits and how much credit you have
available. If a company knows that you have enough credit to buy an
expensive tag item, they will PAY for your name and contact
information.
If you realize it or not, those FREE places that sell your contact
information are the GOOD guys in the free credit report industry. At
least comparatively. The BAD guys are only interested in ...
IDENTITY THEFT. And you, Joe, have just handed them your name and
social security number on a silver platter.
Remember. Nothing is FREE. So before you agree to any FREE service
or give-away, know exactly who is giving you this "gift" and exactly
what the real price tag is.
Fight Fraud America