Q&A: Why are they advertising free credit score and then when you try to obtain it they want to bill you?

by tyankee7 on September 1, 2011

Post your WANT. It’s like Craigslist, but reversed. And really different. At Ubokia, you’re the rockstar. Post exactly what you want and sellers respond to you. Only talk to sellers you choose.

Question by dgshiner: Why are they advertising free credit score and then when you try to obtain it they want to bill you?
I have visited site that advertise “Get your credit score free”. But before you can do it they ask to bill your credit card why?

Best answer:

Answer by Ratto
They want to screw you out if your money, there’s no need to do that, there is a government program that allows you a free peek every year of your credit report. USE THAT ONE!

Know better? Leave your own answer in the comments!

Holy Moly September 1, 2011 at 4:09 pm

It’s generally free if you agree to sign up for the service. Usually, it’s a trial and you can cancel the sign up once the trial expires. I’ve done it, works good

rtfm September 1, 2011 at 4:50 pm

Because that’s the way they do business. It’s known as “bait and switch”.

The only legitimate FREE credit report is the one at http://www.annualcreditreport.com

(Note that this site won’t provide you with a credit score, it will only give you a copy of your credit report.)

spalmer September 1, 2011 at 5:30 pm

You get your one score free at most of these places, but you are then enrolled in their program. I know at myfico.com you can get your score free but you still must provide payment information because if you forget to cancel your membership within 12 days, you are enrolled in their program that gives you your fico score monthly — and charges you for it. You aren’t entitled to a free credit score – only your credit reports. The score you either have to pay for, sign up for one of these programs and remember to cancel the membership in time, or apply for a loan/credit — if you’re denied they’re required to provide you with your score.

Celeste September 1, 2011 at 5:53 pm

Because in order to get your free credit score, you must register for their credit monitoring services.
Don’t you ever wonder about the tiny letters in white rushing by on your t.v. screen?
You do get a free trial period but if you fail to cancel, you’ll get a bill for about $ 15 mo. til you do.
Never be fooled by the flashy advertising Just pay attention and read all the information the website provides. They clearly disclose the provisions for getting your free score but you don’t know how many people fail to read it and then whine because they got charged.
Anyway, your score isn’t that all important but what’s on your credit report is. By law, you’re allowed one free report per bureau, once every 12 months and you can get them at AnnualCreditReport.com.
No tricks or catchy jingles.

Comments on this entry are closed.

Previous post:

Next post: