2010 Cost of extra Credit Report Copies reduced
Tuesday, March 9th, 2010 at 01:44 am
For Your Information: 12/23/2009
Federal Trade Commission
http://www.ftc.gov/opa/2009/12/fcra-hope.shtm
The cost of extra credit reports obtain by consumers will be reduced from $11 to $10.50.
The Fair Credit Reporting Act, requires the FTC to revise the cap based on the change in the Consumer Price Index. The fee is rounded to the nearest 50 cents each year.
This does not affect the "Fee Credit Report" that the consumer is entitled to every 12 months from the National outlet.
www.annualcreditreport.com
877-FACT-ACT
For more information about this matter, please visit the F...FTC Amends Free Credit Reports Rule To Help Consumers Steer Clear of ‘Free’ Offers that Cost Money
Tuesday, March 9th, 2010 at 01:30 am
For Release: 2/23/2010
Federal Trade Commission
http://www.ftc.gov/opa/2010/02/facta.shtm
April 2010 companies offering free credit reports must notify consumers that they can go directly to the National outlet for free credit reports.
www.annualcreditreport.com
877-FACT-ACT or 877-322-8228,
The ONLY authorized source under federal law.
There are a good many companies misleading consumers into thinking they can obtain a free credit report through them, only to discover later that they were required to sign up for a 12 month credit monitoring service.
Consumers should know...
