Florida AG investigates Experian’s freecreditreport.com and its other ripoff companies
A reader sent me the URL to FLORIDA AG INVESTIGATES FREECREDITREPORT.COM - thank you!
Posted: Wednesday, November 15 at 06:33 pm CT by Bob Sullivan
The Florida state attorney general’s office has opened an investigation into potentially misleading advertising by FreeCreditReport.com.
The Web site, owned by credit bureau Experian Group Ltd, offers consumers a chance to obtain their credit reports and credit score by signing up for a paid subscription service.
In response to a public record inquiry by MSNBC.com, the office of Florida Attorney General Charlie Crist issued a statement indicating it had opened an investigation to determine whether Experian has violated Florida’s Deceptive and Unfair Trade Practices Act.
The investigation will cover several entities owned by Experian, including Consumerinfo.com, Inc., Experian Consumer Direct; Qspace, Inc.; Iplace, Inc.; and the Web sites Consumerinfo.com; Creditexpert.com; and Creditmatters.com.
The inquiry will examine allegations of the firm’s “failure to adequately disclose negative option enrollment ... deceptive advertising, misleading domain name, and failure to honor cancellations,” the agency says on its Web site. The investigation involves a potential civil—not a criminal—case, and the opening of the investigation does not constitute proof of wrongdoing.
...
This not the first time FreeCreditReport.com has run into trouble with regulators. In August 2005, Experian settled charges leveled by the Federal Trade Commission that it purposely “misled consumers about their association with the annual free credit report program,” the FTC said.
Experian admitted no wrongdoing when settling the charges, but agreed to refund consumers and surrender about $1 million in “ill-gotten gains,” according to the FTC. It also agreed to change marketing strategies. ...
Of course Experian owns the FTC along with the other corporate criminals and a million dollars is pocket change for Experian.
I had a brief look at the comments and among the many people with complaints, this comment got my attention:
It is called natural selection. If someone from the general public is dumb enough to get suckered in, then it’s fair for their money to be taken from them. The smartest, and less gullable, retain their money while the less intelligent distribute their money freely to the economy through dontations to a TV Preacher, Susan in Africa with her orphans, and for a ‘free’ credit report.
As I’m working on my response to the Capital One memorandum regarding the $50,000 in attorneys fees they want from me, this comment seems to be exactly how the credit bureaus’ and creditors’ executives and their scum sucking lying attorneys think.
Why do people think that it’s OK to steal from others who are “less intelligent” than they THINK they are?
Posted by Christine on 11/16/2006 at 06:30 PM
2003 Suit (appealed, Experian filed credit reports on PACER) • Experian - countless violations • (0) Comments • Permalink
