2004 Credit Suit

Inquiries do NOT raise scores (ConsumerInfo.com lies)

I've been wondering why people have been insisting that inquiries raise scores.

Now I know where that entirely FALSE statement comes from:

5/1/04 PG-ConsumerInfo.com mortgage inquiries - deduplicated?

If this report was complete and FCRA compliant, I could see the "soft" inquiries, including my own. Still wondering whether someone ordered my Equifax.

I applied for a mortgage (long story to be told at another time) and they apparently used Equifax for the mortgage credit report. It is odd that Equifax reports the inquiry as "Miscellaneous Reptg. Agencies", Experian as "Mortgage Reporters" and Trans Union as "Miscellaneous and public record."

Also, there's the 2/27/04 RNB inquiriy, when I called after they lowered my credit limit. I don't think I got an adverse action letter, looks like all I got is a hard inquiry. Hmmmm ....

:

The PrivacyGuard/ConsumerInfo.com Privacy Policy

In January I requested specifics from ConsumerInfo.com, eventually got a letter from their attorney advising that I need to direct any questions at her, but she didn't send any answers.

It's nice to see that I'm not the only one concerned:

Take the case of a company called PrivacyGuard.com and a reader we’ll call Mr. Catchings.

"... The second privacy policy document (which I later learned also served as the privacy policy for other free-credit-report sites such as ConsumerInfo.com and Freecreditreport.com) had several provisions that bothered Mr. Catchings enough that he decided not to order the credit report after all. One thing that particularly concerned him was a statement revealing that his information could be disclosed to companies that “perform services on our behalf, such as the credit reporting agencies from which we obtain your credit report(s), credit card processors, e-mail communications management firms, or call center providers.

...”

Well worth reading, but one thing is missing: it doesn't matter where you order your credit report - they all sell you data. Oh, and of course ConsumerInfo.com and Freecreditreport.com are the same company and Experian owns them and GUS owns Experian.

The CRAs of course try to add as much data as possible to the credit reports for the benefit of collectors, and Fair Isaac also collects and shares the data they collect at myFICO.com and they are affiliated with all kinds of funky outfits like collector London Bridge.

They share with affiliates, WHO is an affiliate?

Anyone who signs an affiliate agreement with them? Anyone who is willing to write a check for your data?

Trans Union has been battling the FTC for years over their sales of consumer data obtained from the credit reports.

I believe that Experian set up CIC, CreditExpert and all these other sites to collect data that's NOT obtained from credit reports and the FTC can't keep them from selling this data. That's my theory.

PG PROFITS at LEAST $30?

Well, to be on the safe side, I sent the IRS $400 today at http://officialpayments.com/. There was a link on how to save up to $30 off the 2.5% credit card fee, and it took me to an ad for Privacy Guard (Trilegiant), who is selling the ConsumerInfo.com incomplete tri-merged reports and snake oil scores.

90 days for $1, then it's $90 if you don't cancel.

I just can't figure out how they make money.

UNLIMITED access for ALL THREE CRAs for a full year, and there has to be a profit for ConsumerInfo.com -- what am I missing?

($60 - CIC fee - PG profit) / 3 CRAs = $10?

Why are the CRAs selling ONE report to us suckers for as much as $15? (Experian)

Here's the screenshot of the ad:

CIC 96% and 98% B/L ratio, and no soft inquiries

The FRB-R & McAfee exhibits, including the CIC trimerged report, my B/L calculations and the letter to Experian/CIC.

My B/L ratio according to the CIC tri-merged reported numbers should be 38%, is 42%, 43% and 65%.

The kicker: CIC reports 96% and 98% B/L ratios!

I posted my entire annotated CIC report, even got their snake oil scores since I can't get the FICO scores for Equifax and TU.

The letter to Courtney Vaudreuil, the Experian/CIC attorney with Jones Day, is Exhibit AN-2.

Can't wait for the Experian/CIC reply!

ConsumerInfo.com national class action

Here's an excerpt from an attorney's e-mail:

"In order to evaluate the viability of doing a national class, I emailed more than a dozen affected individuals inviting them to discuss their claims further. No one has responded."

Well, most people really are just whiners and complainers. And they're getting exactly what they deserve.

Americans have the spine of slugs. A nation of losers. Very sad.

ConsumerInfo.com: Positive accounts reported "indefinitely"

It's what I've been asking for in my suit:

NO deletions of positive data because it's so important for FICO scores.

However, I'm afraid it's just another deception on the CIC and PrivacyGuard credit reports.

Today's screenshot:

Talked with Experian attorney - CreditData SW acquired by Experian

Courtney Vaudreuil called today, and we talked about a number of issues.

I've been expecting Experian to buy CreditData SW, but it went right by me, as of September Experian handles all disputes. However, claims prior to September remain separate, CD SW still exists as a separate corporation.

Courtney wanted to know what my remaining claims are, and I can't even begin to list them all.

I tried to dispute the Cap One missing limit recently online and my dispute was refused. She told me that's because I'm in litigation and disputes are to be directly submitted to the attorneys, i.e. her.

Strangely, I specifically mentioned the Cap One limits in my complaint as well as numerous subsequent filings, but the limits are STILL missing.

What's one to do?

Courtney said she read my web sites and it's clear that I'm concerned with bigger issues than my credit report, but that the judge wants to focus on my credit report and that I should submit to her my report with the problems and work towards settling.

Well, there really are no other problems other than the limits and nitpicking over recent payments that aren't reported or are reported incorrectly, stuff like that.

I did tell her that I have numerous NEW problems since the filings, especially because CreditExpert now sells the ConsumerInfo.com INCOMPLETE reports since 1/21 or so.

Things aren't getting better, they're getting worse.

She suggested that I might be better off taking this to Congress, but of course I have to have a court order stating that it is legal to sell incomplete consumer disclosures first.

The judge ruled last week that he thinks the ConsumerInfo.com reports provide more complete information! All it takes is to count the data fields on the Experian report and then on the ConsumerInfo.com report, and the numbers will show that ConsumerInfo.com is deleting lots of data.

Here's a challenging calculation:

The FCRA limits the fee for the consumer disclosures to $9. Courtney wasn't aware of an increase.

ConsumerInfo.com (and all CRAs) sell tri-merged reports for $30+, sometimes $39.

Let's analyze this problem. A tri-merged report contains 3 consumer disclosures. 3 x 9 = 27

Soooo. Are we paying extra for the deleted data?

I have so many issues with Experian, ConsumerInfo.com and CreditExpert, I obviously have to prepare a supplemental complaint.

Order re. ConsumerInfo.com hard inquiry, incomplete reports and snake oil scores

Judge Broomfield's decision:

The 14 page faxed order is posted at CreditCourt

The hard inquiry

I commend him for seeing through the CIC lame attempt to use the reports dated over two years later to prove that the inquiry wasn't hard.

I kept wondering whether I should have replied to that, even though it would have been late.

Now, it would be really good if some other people had the guts to submit evidence that these consumer disclosures are occasionally miscoded as hard inquiries. Or file their own suits. Whatever ... The purpose of this exercise is to get them to FIX whatever the problem is.

As far as I know, it's not a problem at Experian, but both Equifax and TU ConsumerInfo.com are *occasionally* reported as hard inquiries.

It's really important that I got this one, because I couldn't have refiled since the SOL would have been up.

The incomplete and incorrect tri-merged reports - dismissed

Apparently, Judge Broomfield thinks that because ConsumerInfo.com isn't a CRA, the consumer disclosures don't need to be complete or accurate.

He thinks consumers get a "more complete" picture with their tri-merged. Well, like most people, he has no idea.

I'm not clear on why they don't have to provide complete and accurate consumer disclosures just because they're not a CRA. What are they?

Why are they exempt?

The snake oil scores - dismissed

That only got one paragraph - I really don't know what I could have done besides including the reports with the various scores, proving that they can't all be right and ConsumerInfo.com is selling snake oil.

So, in summary -

I don't know that I should worry about it. CreditExpert (Experian) just started selling the ConsumerInfo.com reports instead of Experian reports. It is bizarre.

Those reports are as incomplete as they come. I'm still suing Experian, and obviously I'll have to amend my complaint at some time.

ConumerInfo.com is sued as Experian in the class action, it's really all the same.

EPIC filed for FTC enforcement

Complaint and Request for Injunction, Investigation and for Other Relief

"1. This complaint concerns the marketing practices of Experian, a credit reporting agency. As set forth in detail below, ConsumerInfo.com, a subsidiary of the credit reporting agency Experian and supplier of Equifax, Experian and TransUnion reports, engages in deceptive marketing practices affecting commerce, a violation of 15 U.S.C. § 45(a)(1)."

That was filed in September, I found nothing at the FTC site. Wonder what happened?

Such great timing! Am in the final stages of my FTC objections and will attach this. I guess that's how I should have sent all my complaints to the FTC.

Below is the entire filing, in case the link dissappears.

Before the
Federal Trade Commission
Washington, DC

In the Matter of Experian

Complaint and Request for Injunction, Investigation and for Other Relief

INTRODUCTION

1. This complaint concerns the marketing practices of Experian, a credit reporting agency. As set forth in detail below, ConsumerInfo.com, a subsidiary of the credit reporting agency Experian and supplier of Equifax, Experian and TransUnion reports, engages in deceptive marketing practices affecting commerce, a violation of 15 U.S.C. § 45(a)(1). ConsumerInfo.com violates the law by deceptively advertising through a television advertisement a "free" credit report that upon order locks consumers into a high-cost, long-term subscription service without adequate notice of the terms of service, including opt-out procedures.[1] Further, the credit reporting agency profits from raising fears of inaccuracies in reports, thus driving consumers to request the reports or monitoring service via its Web site.[2] EPIC urges the Federal Trade Commission ("the Commission") to take immediate action to investigate these practices by credit reporting agencies, to enjoin the offending credit reporting agencies and their subsidiaries from violating 15 U.S.C. § 45(a)(1), and require all credit reporting agencies to provide credit monitoring services to consumers without charge.

PARTIES

2. The Electronic Privacy Information Center ("EPIC") is a non-profit research organization incorporated in the District of Columbia. EPIC's activities include the review of government and private sector polices and practices to determine their possible impact on the individuals' rights. Among its other activities, EPIC has prepared reports on online privacy practices[3] and presented testimony before Congress and administrative agencies on the Fair Credit Reporting Act ("FCRA") and business practices with regards to the Act.[4]

3. Experian, a GUS P.L.C. subsidiary, is one of the three biggest credit reporting agencies in the world. The company sells credit and demographic information on 205 million consumers and 15 million businesses in the United States.[5] Experian has corporate headquarters at 475 Anton Blvd., Costa Mesa, CA 92626.[6]

4. ConsumerInfo.com, an Experian subsidiary,[7] "is the leading supplier of online credit reports, scores and related information to consumers in the United States."[8] ConsumerInfo.com's address is One City Blvd. West, Suite 1000, Orange, CA 92868.[9] Founded in 1995,[10] ConsumerInfo.com is linked to at least three sites that provide the type of service discussed in this complaint: www.FreeCreditReport.com, www.FreeCreditReports.com, and Qspace.Iplace.com.[11] While all these sites self-promote their services-a "free" credit report tied to a subscription service that provides online credit monitoring and credit content for an annual fee of $79.95-www.FreeCreditReport.com also draws consumers via a televised commercial.[12]

FAIR AND TRUTHFUL MARKETING PRACTICES ARE ESSENTIAL TO MAINTAIN A HEALTHY MARKET.

5. Congress explicitly recognized the importance of regulating misleading marketing claims when it granted the Commission the authority to challenge deceptive advertising that harmed market competition in 1914.[13] In addition, by 1938, the Commission had acquired the power to regulate deceptive advertising that hurt consumers, with the requirement of showing of economic harm to the market.[14] The expansion of the Commission's regulation authority over false advertising signals that not only is marketing regulation necessary to maintain healthy market competition,[15] but also to safeguard consumers from personal harm. Consumers are directly affected when they rely on a fraudulent or misleading claim that influences their buying behavior, likely costing additional money, time and loss of trust. The Commission must ensure that consumers are able to participate in the market absent the fear that advertisers will extend offers with hidden conditions and terms that the consumer is not likely to become aware of during the course of the transaction.

6. Marketing practices by credit reporting agencies that exploit consumer fear of inaccurate credit reports-the accuracy of which the credit reporting agency itself is responsible-are unethical. ConsumerInfo.com, a subsidiary of a credit reporting agency, Experian,[16] provides "free" Equifax credit reports, and Experian and TransUnion credit reports for an additional charge. The company markets their service with an advertisement that plays on consumer fears of inaccurate credit reports and pushes their credit monitoring service as necessary to maintain accuracy. In other words, here is a credit reporting agency promoting its subscription service by capitalizing on its own failure to adequately fulfill its statutory responsibility to maintain the maximum possible accuracy of credit reports.[17] It is unethical for a company to market itself by suggesting that it is not doing a satisfactory job fulfilling its government-regulated responsibilities and requiring consumers to pay for an additional subscription service to ensure proper protection.

PRIVACY AND ACCESS ARE ESSENTIAL TO ACCURATE CREDIT REPORTING.

7. Under a myriad of interlaced companies, as that of which Experian is a part, the practice of affiliate sharing further raises risks that will exacerbate the privacy of credit reports and undermine the purpose of the FCRA.[18] Mergers have resulted in sometimes thousands of affiliates linked under one umbrella-company.[19] These conglomerates threaten consumers' personal privacy because consumers' information can be shared among the various subsidiaries, sometimes even foreign controlled companies, based on their affiliate status.[20] Studies have shown that an overwhelming number of consumers are against the sharing of their personal information for reasons other than the transaction for which it was gathered.[21] Regardless, when consumers transact with a credit service monitoring subscription provider, who acquires the consumers' personal information to validate their identity as a requestor, the provider also acquires the ability to share that information with any and all affiliates.[22] The consequence of a subscription service, like the one described here, is that consumers seeking to maintain the protection of their information-its privacy and thus follows its accuracy-relinquish all ability to protect their privacy.[23] In essence, consumers seeking subscription services to obtain control over their information, greater privacy protection and increased credit accuracy, actually impede all of those outcomes.

THE COMMISSION HAS JURISDICTION OVER DECEPTIVE MARKETING PRACTICES.

8. Section 5 of the Federal Trade Commission Act ("FTCA") prohibits deceptive practices in or affecting commerce.[24] As a guide to acceptable conduct, the Commission put forth the "Guide Concerning Use of the Word 'Free' and Similar Representations" (hereinafter "the Regulations") which states that, in order to use the term "free" in advertisements for products or services, the advertisement much make clear any terms that exist by virtue of the retention that product or service. Specifically, any "conditions and obligations upon which receipt and retention of the '[f]ree' item are contingent should be set forth clearly and conspicuously at the outset of the offer so as to leave no reasonable probability that the terms of the offer might be misunderstood." [25] In other words, "all of the terms, conditions and obligations should appear in close conjunction with the offer of '[f]ree' merchandise or service."[26] While a violation of the Regulations does not itself establish that a company has acted illegally, it is a strong indication of questionable practices that may likely violate the FTCA.

9. Another indication of questionable activity is a practice that resulted in settlement with the Commission. The Commission has settled with companies engaging in similar deceptive practices as those of ConsumerInfo.com-the offering of free products or services that are tied to a subscription service without adequate notice. Those settlements stand for the proposition that companies must sufficiently prominently disclose at the onset any conditions of a no-cost provisional membership, any cancellation policies and any automatic charges that will be incurred if a consumer fails to opt-out.[27]

CONSUMERINFO.COM ENGAGES IN DECEPTIVE MARKETING PRACTICES.

10. Deception occurs when there is a (1) representation that (2) is likely to influence the purchasing decision (3) of a reasonable consumer.[28] ConsumerInfo.com engages in deceptive marketing practices by failing to notify consumers that the offer for a "free" credit report has strings attached-customers will be charged if they fail to opt-out of the subscription service. Even reasonable consumers may not notice the fine print discretely placed at the bottom of the last page of the online registration process. Moreover, the ConsumerInfo.com's television commercial does not even refer to the subscription service at all. Undoubtedly, consumers will be harmed when they send off for a "free" credit report and, one month later find themselves locked into a high-cost, long-term subscription service.

ConsumerInfo.com's Television Commercial Deceives Consumers.

11. ConsumerInfo.com's television commercial for www.FreeCreditReport.com is a representation that is likely to mislead a reasonable consumer. ConsumerInfo.com's television commercial depicts a cartoon stick figure that is asked several questions which suggest that credit reports may not be very accurate or secure. The commercial, stressing the urgency of obtaining a credit report to calm these fears, directs the character and viewing consumers to the Web site www.FreeCreditReport.com in order to obtain a "free" credit report. The tone, frame of the questions, and lack of any reference to the subscription service create a representation by omission that is likely to cause a reasonable consumer to expect the offer to come with no additional terms.

12. First, ConsumerInfo.com makes a representation with their television ad. According to a policy statement the Commission's put forth regarding deception: "Most deception involves written or oral misrepresentation, or omissions of material information."[29] The Commission defines omissions as "material information, the disclosure of which is necessary to prevent the claim, practice, or sale from being misleading."[30] ConsumerInfo.com's television commercial offers consumers a "free" credit report, but fails to make any mention of the subscription service. Yet, ConsumerInfo.com does not offer a "free" credit report without the coinciding the subscription service. Without knowing of the subscription service, consumers are being mislead about the extent of their acceptance of the offer; they are unaware that accepting the offer means not just accepting a credit report, but accepting a service that they will be charged for if they do not opt-out before the trial period ends. ConsumerInfo.com's omission of the subscription service from the television commercial meets the representation requirement.

13. Second, ConsumerInfo.com's representation is material. The Commission defines a material representation as "one which is likely to affect a consumer's choice of or conduct regarding a product."[31] The omission from the television commercial is likely to affect whether or not a consumer will send off for the "free" credit report. If a consumer knew of the high-cost, long-term subscription service that comes as part of the "free" credit report, the consumer would likely think twice about requesting the report from www.FreeCreditReport.com since there are other outlets for obtaining a credit report at a lower cost. ConsumerInfo.com's omission of the terms of the subscription offer is a representation that would likely affect consumer behavior if it was properly included in the offer.

14. Lastly, even a reasonable consumer would be misled by ConsumerInfo.com's television commercial under the circumstances. According to the Commission: "The test is whether the consumer's interpretation or reaction is reasonable."[32] It is reasonable for a consumer, after viewing the commercial, to think that the report was free-no strings attached-because there is no indication otherwise. Furthermore, the commercial frames its offer in an atmosphere of fear. The commercial voiceover taunts the consumer: "Do you have good credit? Or do you only think you have?" The commercial also suggests that unauthorized persons may have accessed the consumer's report. "Who's been checking [your report]?" the voiceover prods. In an environment of instant credit and stolen identity, and after ConsumerInfo.com's television commercial instills doubt into consumers' minds by playing on anxiety about unstable credit, consumers are likely to feel that they must obtain a "free" credit report from www.FreeCreditReport.com. It is also reasonable for consumers not to expect to be locked into a subscription service of which the television commercial makes no mention-all the better for ConsumerInfo.com because if consumers do not know about the service, they cannot know to opt-out.[33]

15. Under the Regulations, use of the term "free" must not confuse the consumer into believing that there are not further terms of the offer when there actually are; those additional terms must be just as clear and prominent as the "free" offer.[34] ConsumerInfo.com's television commercial is in clear violation of the Commission's guidelines. Moreover, ConsumerInfo.com's television commercial qualifies as deceptive because the company omits pertinent information, and that representation is likely to mislead reasonable consumers about the terms of the "free" credit report offer.

ConsumerInfo.com's Web Site Deceives Consumers.

16. ConsumerInfo.com's Web site, www.FreeCreditReport.com, is a representation that is likely to mislead a reasonable consumer.[35] A consumer visiting www.FreeCreditReport.com is immediately greeted with a colorful and bold headline that reads: "Get your free credit report in seconds!" In the headline, the word "free" is capitalized and set off in a different color font from the majority of the text. There is no asterisk in the headline indicating any additional term of the offer. In fact, the only indication that an annual subscription service is even linked to the offer of the "free" credit report is found in one of the paragraphs below the headline, set in significantly smaller font. It reads: "Plus, along with your FREE credit report, we'll give you a 30-day FREE trial of the CreditCheck Monitoring Service membership with no obligation." However, this mention of the service does not relay that the service is an annual service, that there is $79.95 charge for the service, or that customers will be automatically billed for the service unless they affirmatively opt-out of the transaction. On the contrary, the offer continues: "So what's the catch? There isn't one! But we're convinced that once you've tried the CreditCheck Monitoring Service on a FREE trial basis, you won't want to be without it! But if you don't realize the value of the service, there's no obligation and no commitment to keep the membership." Not only does this text indicate that there are no terms to the offer, but it can be reasonably interpreted by a consumer that she would have to opt-in in order to keep the subscription service.

17. If a consumer decided to begin the registration process, the only notice that the consumer would receive that the offer of a "free" credit report coincides with a subscription service comes at the very end of the process. However, this notice is far from prominent. The announcement is placed in very small print at the bottom of the second of a two-page registration process, accessible only by a consumer who has started the registration process by submitting personal information to the company, including name, e-mail and one or more addresses (if recently moved). Further, not only is the fee quote overshadowed by the surrounding more prominent text, but its meaning is muddled by the company's message that the customer must "do nothing" in order to "continue [the service] without interruption," assuring a partial "money-back guarantee" in the case of cancellation.[36] Amid other distracting messages and splashy colors created to draw attention away from the payment requirement, the small notice presented on the very last page of registration is neither clear nor conspicuous. It is only accessible when a consumer has decided to register and is likely to mislead reasonable consumers about the terms of the offer.

18. First, ConsumerInfo.com makes a representation by omission on www.FreeCreditReport.com. As stated above, an omission can be a representation if, without the omitted material, the consumer may be mislead.[37] Although the high-cost, long-term service is a significant term of the agreement, ConsumerInfo.com omits any adequate explanation of the subscription service. Of the two references to the service, one is misleading and the other vague. This omission meets the representation requirement.

19. Second, the representation on www.FreeCreditReport.com is material. If a consumer was aware of the terms of the agreement-that the "free" credit report comes with a high-cost, long-term subscription service automatically billable upon failure to opt-out-it is likely that the consumer would reconsider ordering a report from www.FreeCreditReport.com. A consumer would likely consider other options which include obtaining a credit report from another service, even one that charges a nominal fee, as long as there are no strings attached. Since the omission significantly affects the substance of the offer, it is likely to affect the consumer's behavior, meeting the requirement of materiality.[38]

20. Lastly, even a reasonable consumer would be misled by www.FreeCreditReport.com's offer under the circumstances. A consumer may have no knowledge that ConsumerInfo.com is locking them into a subscription service unless they opt-out because there is neither a clear nor prominent notice that this outcome will occur. On the first page of the Web site there is an indication that along with the "free" credit report a consumer will also get "free" access to the service, but there is no explanation that the consumer will be billed for the service after the trial period ends if the consumer fails to opt-out. Further, if the consumer chooses to click to the first page of the registration process, there is absolutely no indication that the consumer is getting anything other than a "free" credit report by placing an order. It is only on the second and last page of the registration process that there is an indication that the subscription service costs a substantial amount and that the consumer is not obligated to keep the service. However, not only is the notice in fine print, but it does not clearly indicate that the burden is on the consumer to opt-out. Because the notice of additional terms is virtually hidden and confusing, it is likely that a reasonable consumer would not understand the terms of the offer and may change behavior with this knowledge, the last requirement is met.

21. ConsumerInfo.com attempts to hoodwink consumers by suppressing the terms of the "free" credit report offer. The obligation placed on the consumer to opt-out of the service is not "set forth clearly and conspicuously at the outset of the offer" as the Regulations state.[39] In fact, it is not indicated anywhere in the offer that opt-out is required. ConsumerInfo.com's Web site www.FreeCreditReport.com constitutes a deceptive marketing practice because by omitting essential information it is likely to mislead a reasonable consumer into accepting the offer without being aware of all the terms.

IN THE INTEREST OF "MAXIMUM POSSIBLE ACCURACY," CREDIT REPORTING AGENCIES SHOULD BE REQUIRED TO PROVIDE CREDIT MONITORING SERVICES TO CONSUMERS WITHOUT CHARGE.

22. Consumer access to credit reports is necessary in order to maintain the accuracy of credit reports. Consumers have very little incentive to access their credit report unless they fear inaccuracy. Credit reporting agencies have seized on consumer fear to market their monitoring services and their services are benefited by these possible inaccuracies. The more inaccuracies or chance of inaccuracies a report, the more the credit service provider can persuade the consumer that the service is necessary because no one can prove or correct an inaccuracy without accessing a report. Credit agencies require that a consumer have an actual report with them before being able to talk to a consumer service person at the agency.

23. Credit reporting agencies are required to pursue reasonable procedures to guarantee "maximum possible accuracy."[40] By continuing to market by exacerbating consumer fear and charging for a service to monitor their own mismanagement of credit data, credit reporting agencies are violating this "very high standard set by statute."[41] Far from charging consumers for the credit monitoring service, credit reporting agencies should be providing it for consumers without charge. In order to fulfill the statutory requirement of maximum possible accuracy, credit reporting agencies are duty-bound to provide consumers with a way to ensure the accuracy of their reports. By the mere existence of the credit monitoring services, it is shown that such services are technologically and economically feasible to convey to consumers the status of their credit on an on-going basis. Thus, the credit reporting agencies are aware that there are steps available to improve and assure the accuracy of the reports they maintain, and with this awareness comes the obligation to take such steps.[42] Consumers must have constant access to their reports if credit reporting agencies continue to share information and update credit files based on affiliate sharing or other information sources. Consumers should not be required to compensate credit reporting agencies for fulfilling their statutory duty, especially because the monitoring service infrastructure is already in place and functioning, operated by the credit reporting agencies themselves. Therefore, in order to assure accuracy-the maximum possible accuracy required by statute-credit reporting agencies should cease their statutory infringing practices and provide credit monitoring services to consumers without charge.

REQUEST FOR RELIEF

Because deceptive marketing practices can be linked to the credit reporting agencies, the Complainants request that the Commission:

Order ConsumerInfo.com to provide free credit reports to consumers upon request;

In the alternative, order ConsumerInfo.com to immediately discontinue airing their television commercial promoting www.FreeCreditReport.com, and order ConsumerInfo.com to immediately discontinue their offer for a "free" credit report as it appears on www.FreeCreditReport.com;

Order credit reporting agencies to provide credit monitoring services to consumer without charge;

Monitor how credit reporting agencies promote their report-providing services;

Monitor how credit reporting agencies shift inaccuracy costs to consumers;

Provide such other relief as the Commission finds necessary to redress injury to consumers resulting from credit reporting agency practices as described herein.

Respectfully Submitted,

Chris Jay Hoofnagle
Associate Director

Tiffany Stedman
Law Fellow

ELECTRONIC PRIVACY INFORMATION CENTER
1718 Connecticut Ave., N.W.
Suite 200
Washington, DC 20009
(202) 483-1140

September 16, 2003

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1 A digital copy of the television advertisement is attached as Exhibit A, and is available online at http://privacy.org/experianexhibita.mpg. A transcript of the television advertisement is attached as Exhibit B.
2 PDF copies of the referenced Web pages are attached. See Exhibit C for ConsumerInfo.com's Web site index page at http://www.FreeCreditReport.com.
3 See Electronic Privacy Information Center, Surfer Beware III: Privacy Policies without Privacy Protection (1999), available at http://www.epic.org/reports/surfer-beware3.html; EPIC, Surfer Beware II: Notice is Not Enough (1998), available at http://www.epic.org/reports/surfer-beware2.html; EPIC, Surfer Beware: Personal Privacy & the Internet (1997), available at http://www.epic.org/reports/surfer-beware.html.
4 See EPIC, The Fair Credit Reporting Act (FCRA) & the Privacy of your Credit Report, at http://www.epic.org/privacy/fcra.
5 Experian, "Media Fact Sheet" at http://www.experian.com/corporate/factsheet.html.
6 California Secretary of State, California Business Search for "Experian Services Corp.," at http://kepler.ss.ca.gov/corpdata/ShowAllList?QueryCorpNumber=C2218743.
7 The Great Universal Stores, P.L.C. - 2002 Ann. Rep. & Accounts, ICC Rep. No. 322087 (2002), LEXIS, 2002 ICC Online Ltd. 1, at *1.
8 Id. at *10.
9 California Secretary of State, California Business Search for "ConsumerInfo.com," at http://kepler.ss.ca.gov/corpdata/ShowAllList?QueryCorpNumber=C1828996.
10 ConsumerInfo.com, About ConsumerInfo.com, at http://qspace.iplace.com/qspace/popups/about.asp (attached as Exhibit D).
11 ConsumerInfo.com's services are also marketed on Experian's Web site directly, all except for the "free" credit report offer. Experian, "Your Credit" at http://www.experian.com/yourcredit (attached as Exhibit E).
12 The subscription fee is first mentioned on the bottom of the second page of the registration process. Registration is available via http://www.FreeCreditReport.com and to reach the fee quote requires the input of a consumer's personal information, see the first page and second page of registration as Exhibit G and H, respectively.
13 Federal Trade Commission Act, ch. 311, 38 § 717 (1914) (codified as amended at 15 U.S.C. §§ 41-58 (1976)); See also FTC v. Winstead Hosiery Co., 258 U.S. 483 (1922).
14 Wheeler-Lea Act, ch. 49, § 3, 52 Stat. 111, 111-14 (1938) (codified as amended at 15 U.S.C. § 45 (1982)).
15 Cal. Dental Ass'n v. FTC, 526 U.S. 756, 773 n.9 (1999) (citing FTC v. Algoma Lumber Co., 291 U.S. 67, 79-80, 78 L. Ed. 655, 54 S. Ct. 315 (1934), to support the proposition "[t]hat false or misleading advertising has an anticompetitive effect, as that term is customarily used, has been long established.").
16 Supra, n.3.
17 15 U.S.C. § 1681(e)(b) (2002).
18 Hearing on "Affiliate Sharing Practices and Their Relationship to the Fair Credit Reporting Act" Before the Senate Committee on Banking, Housing and Urban Affairs, 108th Cong. 8 (2003) (statement of Joel R. Reidberg, Fordham law professor and authority on the regulation of fair information practices in the private sector) [hereinafter "Reidenberg's testimony"].
19 For example, Citigroup, Inc., a financial service provider, is comprised of around two thousand entities. Hearing on "Affiliate Sharing Practices and Their Relationship to the Fair Credit Reporting Act" Before the Senate Committee on Banking, Housing and Urban Affairs, 108th Cong. 3 (2003) (testimony of Martin Wong, General Counsel for Citigroup Global Consumer Group). Bank of America Corporation, another financial service provider, has nearly fifteen hundred entities. Attorneys General, Comments to the United States Department of the Treasury, "Comments on the GLBA Information Sharing Study" 16 (May 1, 2002) (citations omitted), available at http://www.ots.treas.gov/docs/95421.pdf.
20 For example, ConsumerInfo.com is a subsidiary of Experian North America which is a subsidiary of the GUS plc, a retail and business services group in the United Kingdom that has other subsidiaries worldwide, including Europe, Asia and Africa. See The Great Universal Stores, PLC - 2002 Ann. Rep. & Accounts, supra, n.3; see also GUS P.L.C. 2003 Ann. Rep. at http://www.gusplc.com/gus/investors/reportsaccounts/ar2003; About GUS/History at http://www.gusplc.com/gus/about/history (noting GUS' company acquisitions and sales, and the principle's several name changes); accord Reidenberg's testimony, supra, n. 16 at 8.
21 Harris Interactive/Privacy & American Business Poll, Privacy On and Off the Internet: What Consumers want, 39 (Feb. 7, 2002), available at http://www.aicpa.org/download/webtrust/priv_rpt_21mar02.pdf (95% of those polled expressed concern that companies would use information gathered from one transaction for reasons other than that transaction-"for example, to offer . . . other products and services.").
22 The privacy policy governing www.FreeCreditReports.com offers the prime example of affiliate sharing. According to the policy, the company will share any information it acquires with its agents (including but not limited to Responsys, Mediaplex, Advertising.com and DoubleClick), for promotional offers, in business transfers, with law enforcement or any company under the guise of "fraud protection and credit risk reduction," and after an opt-out notice has been given regarding ConsumerInfo.com intention to share the information with any third party. See ConsumerInfo.com, Privacy/Sharing at http://qspace.iplace.com/cobrands/187/privacy_cic.asp (attached as Exhibit F).
23 See State AG Comments on the GLBA Information Sharing Study (May 3, 2002) available at http://www.epic.org/privacy/financial/ag_glb_comments.html.
24 15 U.S.C. § 45(a)(1) (2002). The FTC has the authority to enforce violations of the FTCA under 15 U.S.C. § 45(a)(2)(2002).
25 FTC Guide Concerning Use of the Word "Free" and Similar Representations, 16 C.F.R. § 251.1(c) (2003) (emphasis added), available at http://www3.ftc.gov/bcp/guides/free.htm [hereinafter "the Regulations"].
26 Id.
27 See In the matter of Juno Online Services, Inc., No. 002-3061 (2001) (requiring Juno to make all offers and cancellation policies clear), available at http://www.ftc.gov/os/2001/05/junoconsent.pdf; In the matter of America Online, Inc. No. 952-3331 (1997), (requiring that America Online "shall not represent, expressly or by implication, that . . . [its s]ervice is offered 'free,' 'without risk,' 'without charge,' 'without further obligation,' or words of similar import denoting or implying the absence of any obligation on the . . . [customer] to pay for the . . . [s]ervice unless [the company] discloses clearly and prominently any obligation of the [customer] to cancel or take other affirmative action to avoid charges for use of the . . . [s]ervice") available at http://www.ftc.gov/os/1997/05/ameronli.htm.
28 Letter from the Federal Trade Commission to Rep. Dingell, Chairman of Comm. on Energy and Commerce (Oct. 14, 1983) (setting for the Commission's policy on deception), available at http://www.ftc.gov/bcp/policystmt/ad-decept.htm.
29 Id.
30 Id. (citations omitted).
31 Id. (citations omitted).
32 Id. & n.20 (citing Heinz W. Kirchner, 63 F.T.C. 1282 (1963), the Commission states, "[a]n interpretation may be reasonable even though it is not shared by a majority of consumers in the relevant class, or by particularly sophisticated consumers. A material practice that misleads a significant minority of reasonable consumer is deceptive.").
33 See Exhibits A and B.
34 The Regulations at § 251.1(c), supra, n.23.
35 Attached as Exhibits C-H.
36 See Exhibit C.
37 Letter from the Federal Trade Commission to Rep. Dingell, Chairman of Comm. on Energy and Commerce, supra, n.26 (citations omitted).
38 Id. (citations omitted).
39 The Regulations at § 251.1(c), supra, n.23.
40 15 U.S.C. § 1681(e)(b) (2002).
41 Andrews v. TRW Inc., 225 F.3d 1063 (9th Cir. 2000), rev'd on other grounds, 534 U.S. 19 (2001).
42 FTC Official Staff Commentary § 607 item 3B (1995).

PrivacyGuard = National City???

I noticed the new green color right away at http://www.privacyguard.com

I checked the press releases at http://www.trilegiant.com/media/press_release.cgi/Corporate/ and http://www.trilegiant.com/about/contact.html also had no mention of National City, so why does it say "National City" at PG?

IL Class Action against ConsumerInfo.com (Experian)

As I read the info at http://classactionamerica.com/cases/goldInfo.asp?lngCaseId=2973&intCategoryID=4 - this suit applies ONLY to Illinois residents.

"A statewide class action has been filed in Illinois against credit giant Experian Information Services as a result of allegedly fraudulent activities revolving around Experian's offer of free credit reports through its consumerinfo.com website. According to consumers, the offer a "free" credit report is, in fact, a scam to get consumers to sign up for Experian's $79.95 CreditCheck service. The action is brought on behalf of all residents of the state of Illinois who, since November 5, 2000, utilized Experian's offer for a free credit report by entering their credit card or debit card information, and who were charged for Experian's CreditCheck service as a result and have not received a full refund of charges for this service.

The action is brought under Illinois consumer protection statutes and seeks unspecified compensatory damages, injunctive and declaratory relief as well as disgorgement of all profits and compensation obtained by the defendants through their alleged fraudulent activities.

..."

Somebody needs to file a nationwide class action!

Please post your disputes at http://forum.creditcourt.com/discus/messages/3301/3301.html

All those complaints about ConsumerInfo.com and PrivacyGuard ...

That *was* going to be my next site with detailed instructions on how to properly deal with them.

Unfortunately, moving to a new web host will take ALL my time until I'm done and everything works again. Only God knows how long that'll take, moving domains is always a nightmare, but with with all the forums, blogs and guestbooks, it's going to be the worst move ever.

So in the meantime:

- call for cancellations and refunds
- make sure you keep a call log
- by law you have only 60 days to dispute fraudulent charges with your bank or credit card. But even if you're over the 60 days, try to dispute.

Get them where it HURTS! Those chargebacks can get expensive.

Don't close your bank accounts due to their unauthorized and FRAUDULENT charges, SUE!

Dispute and sue. Getting served is really the only language they understand, my faxes have been ignored.

And I do believe that there is a law suit against ConsumerInfo.com, just haven't had time to look for it.

2nd fax to the ConsumerInfo.com attorneys re. fax & e-mail for cancellations

I don't know what's so difficult about providing a fax # and e-mail for ConsumerInfo.com. It's not like writing a 10 page motion!

So I sent my 2nd request, this time also to the FTC:

November 13, 2003

I don't know if you got my fax as I haven't heard from you. I am attaching my 11/11/03 fax for your reference. If you're just ignoring me, well, there's nothing I can do but to advise consumers to fax their ConsumerInfo.com complaints and cancellations to you directly. I'm getting too many complaints to ignore this matter, see http://www.creditsuit.org/blog/archives/000089.html.

Not everybody has an attorney's salary, $80 is a lot of money to many people.

Sincerely,

Christine Baker

C: via fax to FTC at 202-326-2012
copy posted at http://www.creditsuit.org/

Christine Baker
989 So. Main St. A-150
Cottonwood, AZ 86326
Email: christine@bayhouse.com
Fax: 571-222-1000

Courtney E. Vaudreuil
Richard J. Grabowski
JONES DAY
3 Park Plaza Suite 1100
Irvine, California 92614

Via fax to 949-553-7539

November 11, 2003

Re: CIV-03-525-PCT-RCB Fax number and e-mail for ConsumerInfo.com cancellations and refund requests.

Dear Ms. Vaudreuil and Mr. Grabowski:

Apparently many consumers are dissatisfied with the ConsumerInfo.com products and today I received a request for assistance from a military member stationed overseas. Of course the 800# does not work outside the US, and since calls are difficult to document, I’ll appreciate your providing me with an e-mail and fax # for ConsumerInfo.com cancellations and refund requests, to be posted at my web sites.

Please respond ASAP via fax to 571-222-1000 or e-mail to christine@bayhouse.com.

Sincerely,

Christine Baker

C: posted at http://www.creditsuit.org/

My request for ConsumerInfo.com fax # & e-mail

Christine Baker
989 So. Main St. A-150
Cottonwood, AZ 86326
Email: christine@bayhouse.com
Fax: 571-222-1000

Courtney E. Vaudreuil
Richard J. Grabowski
JONES DAY
3 Park Plaza Suite 1100
Irvine, California 92614

Via fax to 949-553-7539

November 11, 2003

Re: CIV-03-525-PCT-RCB – Fax number and e-mail for ConsumerInfo.com cancellations and refund requests.

Dear Ms. Vaudreuil and Mr. Grabowski:

Apparently many consumers are dissatisfied with the ConsumerInfo.com products and today I received a request for assistance from a military member stationed overseas. Of course the 800# does not work outside the US, and since calls are difficult to document, I’ll appreciate your providing me with an e-mail and fax # for ConsumerInfo.com cancellations and refund requests, to be posted at my web sites.

Please respond ASAP via fax to 571-222-1000 or e-mail to christine@bayhouse.com.

Sincerely,

Christine Baker

C: posted at http://www.creditsuit.org/

--------------------------------------------

Date: Tue, 11 Nov 2003 15:22:26 -0800 -0800
From: faxaway@faxaway.com
Subject: CONFIRM: ConsumerInfo.com fax # & email

Hello from Faxaway, the world's easiest E-Mail to Fax service!

CONFIRMATION OF YOUR FAX TRANSMISSION
FAX STATUS: SUCCESSFUL TO 19495537539
COUNTRY: 1-NORTH AMERICA
TRANSMISSION: 11-Nov-2003 23:22:24 GMT.
1 Page(s).
DURATION: 1 Minute
TOTAL COST: $0.11

---------------------------------------------

I sure hope I get a response!

ConsumerInfo.com BBB rating "unsatisfactory"

I know that I read about a lawsuit against ConsumerInfo.com/Experian over the credit monitoring service. I'll definitely post info here once I remember where that was, have to look through my notes.

In the meantime, DO submit your complaint to the BBB, I read that the FTC may actually look at these complaints if there are enough of them.

The "unsatisfactory" BBB record:

Nature of Business
This company's business is providing memberships to credit monitoring and property evaluation services.

Bureau File Experience

We rate this company as having an unsatisfactory business performance record based on a pattern of unanswered customer complaints alleging unauthorized credit card charges.

Complainants allege the company charges for credit reports which are advertised as free. Customers complain they go online to order a free copy of their credit report and later discover they unknowingly signed up for a credit report monitoring membership. Many are unaware of the membership until they notice a $79.95 unauthorized charge on their credit card. Other complainants allege inability to access credit report information even after the monthly service charge of $79.95 is applied.

The company responds to some complaints by issuing refunds or sending the free credit report. Other complaints are addressed by requests for additional information to locate customer accounts. The company generally fails to address the allegations regarding their misleading advertisements for free credit reports. Some complaints remain unresolved, meaning customers are not satisfied with the company's response. Many other complaints remain unanswered.

This company uses a questionable marketing method known as negative option cancellation. With this method, products and services are sent to the consumer unsolicited, and unauthorized charges appear on credit cards. Usually, materials sent with the product or service will allow a specified time period for cancellation and return without penalty or obligation. However, many consumers overlook the advisory, and are unaware of the charge until they receive their next monthly credit card statement. In some cases, the customers find they are unable to contact the company to arrange returns or ask for credit.

The Better Business Bureau does not endorse, recommend or disapprove of any product, service or company.

Additional Phone Numbers
(714) 978 - 0078 (888) 888 - 8549 (800) 220 - 2626
(714) 978 - 2357 (877) 513 - 4175 (888) 513 - 4175
(866) 673 - 0140

Additional Trade names
CIC Credit Monitor SVC
Consumer Info
Consumer Information
Credit Expert
creditexpert.com
creditmatters.com
freecreditreport.com
homeradar.com
I Place
I Play Innings
QSpace.com
www.consumerinfo.com

Additional Addresses
One City Blvd West Suite 401
Orange, CA 92868

1 City Blvd West Suite 401
Orange, CA 92868

14144 Dickens Street Suite 204
Sherman Oaks, CA 91423

1 City Blvd. West # 401
Orange, CA 92868

Craig Smith, CEO Experian, continues to sell reports not compliant with the FCRA

FINALLY got my PrivacyGuard report today. It is STILL incomplete and incorrect.

NONE of the CRAs terminated the ConsumerInfo.com access to their consumer databases - and they ALL know that those reports are not FCRA compliant.

Docket update - ConsumerInfo.com

[ SELECT EVENTS FROM THE DOCKET REPORT FOR CASE: 3:03cv00525
FOR THE PERIOD 08/14/2003 to 12/31/2030 ]

8/20/03 -- Pro Hac Vice $25 Fee Paid as to Richard J Grabowski (bas)
[Entry date 08/20/03]

8/20/03 34 REPLY by dft ConsumerInfo.com to response in Support of
its Motion to Dismiss Complaint of Plaintiff Christine
Baker as to dft ConsumerInfo.com by dft ConsumerInfo.com
[23-1] (sat) [Entry date 08/21/03]

[END OF DOCKET: 3:03cv525]

ConsumerInfo.com account termination

I faxed/e-mailed my requests to terminate the ConsumerInfo.com account to Experian, Equifax and Trans Union, and faxed a copy to the FTC.

------------------------------------

To: Equifax
Attn: Legal Department
Via fax to 866-233-3777

To: Courtney E. Vaudreuil
Jones Day, Attorneys for Experian
Via fax to 443-263-3077

To: Trans Union
Attn: Legal Department
Via E-mail to tcs@custhelp.com

August 17, 2003

To Whom It May Concern:

On March 19, 2003, I filed my complaint, case # CIV-03-525-PCT-RCB, in Phoenix District Court.

In their Notice of Motion to Dismiss, dated July 24, 2003, ConsumerInfo.com claims that they are NOT subject to the FCRA requirements for complete and accurate consumer disclosures. In addition to selling tri-merged reports with incomplete and inaccurate credit data, ConsumerInfo.com also fails to disclose promotional, account review, consumer disclosure and other INQUIRIES not reported to third parties, commonly referred to as "soft" inquiries. You may be aware of the FCRA requirement for disclosure of ALL inquiries in consumer disclosures.

As you may know, ConsumerInfo.com also resells those reports to PrivacyGuard.com (Trilegiant) and possibly others. Every one of these tri-merged reports is not FCRA compliant.

I hereby request that you immediately terminate ConsumerInfo.com's access to your consumer credit databases until their tri-merged reports are FCRA compliant.

I hope you agree that ConsumerInfo.com has to comply with all FCRA requirements and is subject to the FCRA requirements for consumer disclosures.

Please feel free to contact me at 206-202-4653, fax to 571-222-1000 or e-mail to christine@bayhouse.com.

Sincerely,

Christine Baker

c: FTC - via fax to 202-326-2012
posted at http://www.creditsuit.org/

----------------------------------------------------

Date: Sun, 17 Aug 2003 22:03:04 -0700 -0700
From: faxaway@faxaway.com
Subject: CONFIRM: ConsumerInfo.com account termination

Hello from Faxaway, the world's easiest E-Mail to Fax service!

CONFIRMATION OF YOUR FAX TRANSMISSION
FAX STATUS: SUCCESSFUL TO 18662333777
COUNTRY: 1-NORTH AMERICA
TRANSMISSION: 18-Aug-2003 05:03:00 GMT.
1 Page(s).
DURATION: 1 Minute

----------------------------

Date: Sun, 17 Aug 2003 22:08:56 -0700 -0700
From: faxaway@faxaway.com
Subject: CONFIRM: ConsumerInfo.com account termination

Hello from Faxaway, the world's easiest E-Mail to Fax service!

CONFIRMATION OF YOUR FAX TRANSMISSION
FAX STATUS: SUCCESSFUL TO 12023262012
COUNTRY: 1-NORTH AMERICA
TRANSMISSION: 18-Aug-2003 05:08:51 GMT.
1 Page(s).
DURATION: 1 Minute
TOTAL COST: $0.10

--------------------------

From: "tcs@custhelp.com"
Reply-To: "tcs@custhelp.com"
Subject: ConsumerInfo.com account termination [Incident: 030818-000002]

Thank you for sending us your question. We will reply as soon as
possible, usually within one business day.

....

-------------------------

Date: Sun, 17 Aug 2003 22:10:15 -0700 -0700
From: faxaway@faxaway.com
Subject: CONFIRM: ConsumerInfo.com account termination

Hello from Faxaway, the world's easiest E-Mail to Fax service!

CONFIRMATION OF YOUR FAX TRANSMISSION
FAX STATUS: SUCCESSFUL TO 14432633077
COUNTRY: 1-NORTH AMERICA
TRANSMISSION: 18-Aug-2003 05:09:37 GMT.
1 Page(s).
DURATION: 1 Minute
TOTAL COST: $0.10

It feels good to see that

"8/13/03 33 CROSS-MOTION to Order Consumerinfo.com to Cease Selling
Incomplete and Incorrect Consumer Disclosures and
Misleading and Fraudulent Credit Scores by pla"

Regardless of what happens, can't say I didn't try.

I feel like I've already accomplished more than all the socalled consumer advocate attorneys together.

I've said how things suck, I took it into federal court. Now I just have to send it to Congress, and then I'm done. Can't wait!

CIC Objection, Responsive Motion ...

My 8/12/03 Objection to the CIC Motion to Dismiss, Responsive Memorandum, and Motion for Order to cease selling incomplete reports and non FICO scores

I said what I had to say ...

8/9 credit scores: CE 701 - FICO 659

Since I can ONLY get my Experian FICO scores and need to show to the court that the ConsumerInfo.com scores are fraudulent, I just spend $53 on:

1) a new CIC trimerged and I purchased the $5 CreditExpert (Experian) score
2) a new Experian with FICO score at Fair Isaac.

Got a 42 point difference and COMPLETELY different score factors.

Consumerinfo.com credit monitoring: How much?

https://qspace.iplace.com/cobrands/288/order1_1.asp?sc=16660000&af=&br=&cl=0111

I don't want to order to find out, but can't find any prices anywhere.

Their popup was the first one that got by the popup killer, and all I see is FREE.

They don't even mention WHICH free credit report you get!

Consumerinfo.com: "About us"

From consumerinfo.com, click on the "About Us" link at the bottom of the main page. Maybe a couple people could print this page, in case Consumerinfo.com makes changes.

"Its Internet properties include QSpace.com, CreditMatters.com and HomeRadar.com. ConsumerInfo also enjoys prominent partnerships with sites such as Yahoo!, LendingTree, E-LOAN, iWon, Prodigy, Earthlink, MSN HomeAdvisor and other top companies."

I hated those Qspace reports with a passion, I'm sure longtime readers of my forum remember. I even wrote a Qspace review for Epinions. Did Consumerinfo.com buy Qspace?

I think the list of "Internet properties" includes some other sites.

Just checked freecreditreport.com, it's Consumerinfo.com. I think that 90% of ads I hear or see are for pages owned by them.

"Most recently, ConsumerInfo.com distinguished itself as the first Internet site to offer an instant 3 Bureau Online Credit Report, which gives consumers access to their complete credit history in seconds. ConsumerInfo.com is an Experian company."

Since I have their 6/01 tri-merged, they apparently haven't updated this page in at least 2 years.

Note how they claim: "... access to their complete credit history"

"The site has delivered more than 5 million credit reports"

I wonder what the CURRENT figure is, and how many tri-mergeds they sold at $35 a piece.

"ConsumerInfo.com is an Experian company."

Yup. Can you imagine their profit margin? No refunds, as I found out. No web updates in AT LEAST 2 years. Their advertising budget must be huge.

Wonder where I can find some financial info such as a breakdown on income and expenses.

The full text of that page below:

From consumerinfo.com, click on the "About Us" link at the bottom of the main page.

History
ConsumerInfo.com was founded in 1995 with the goal of giving consumers immediate access to their own personal credit information via the Internet. The site has grown to become a preeminent provider of instant credit reports, online credit monitoring, and authoritative credit content. It enriched its membership services to include valuable home and neighborhood information. The site has delivered more than 5 million credit reports on the Web and has been consistently ranked in the Top 10 financial websites.

Today

ConsumerInfo.com continues to be a leader in the industry, building one of the largest financial services-related affiliate programs in the country and offering consumers immediate access to a full suite of credit products through co-brand partners. Its Internet properties include QSpace.com, CreditMatters.com and HomeRadar.com. ConsumerInfo also enjoys prominent partnerships with sites such as Yahoo!, LendingTree, E-LOAN, iWon, Prodigy, Earthlink, MSN HomeAdvisor and other top companies. Most recently, ConsumerInfo.com distinguished itself as the first Internet site to offer an instant 3 Bureau Online Credit Report, which gives consumers access to their complete credit history in seconds. ConsumerInfo.com is an Experian company.

Credit Products

CreditCheck® Monitoring Service—Get a FREE credit report plus a free 30-day CreditCheck trial. Receive online alerts when key information changes on your report, exclusive dispute tips, toll-free customer support and helpful credit advice. Members also receive unlimited FREE credit reports.
3 Bureau Online Credit Report—See your credit files from Experian, Equifax and TransUnion in one easy-to-read report. Plus, get a free credit score and the option to add scores based on your other two reports. It’s the only 3-Bureau report on the market that can give you all three credit scores.
Credit Score—See the type of score that lenders use. Includes your single Credit Report.
Instant Single Report—See your online Equifax credit report in seconds.

Ohio Attorney General to Sue Freddie Mac

Why is it that only shareholders and pension funds are important?

Why is it ok to defraud consumers and to divert their pay checks to the credit bureaus selling incorrect and incomplete credit reports and to the creditors who provide fraudulent billing?

Why has Consumerinfo.com been allowed to sell these crappy overpriced reports for years and years?

WHY?

Ohio Attorney General to Sue Freddie Mac:

"Petro said in a press release that Freddie Mac, the No. 2 U.S. mortgage finance company, used "deliberately misleading accounting practices."

Mark Gribben, a spokesman for Petro, said the lawsuit will be filed later Friday in U.S. District Court in Cincinnati. He said the two Ohio pension funds covering teachers and general state employees lost an estimated $25 million between 2001 and July 2003, as Freddie Mac's stock lost about $20 per share."