Identity Monitors asked:
Why do companies charge for free credit reports?
Actaually the reports are free, that’s the law, one a year for every individuial in the U.S. Any extra fees are for products that may be offered like monitoring or extra reports beyond the one a year. All these services are usually pretty good. You never know when soemthing is added to your report and a good service can help you keep track of your financial pulse.

When consumers ask for credit repair advice, they should start with one important piece of information… People should never pay for free credit reports! its free!

It;s a surprisingly fact that many consumers pay for credit reports that are free. Many sites exist and can be misleading, take note that the information on FreeOnlineCreditReports,org is free, its in our name! other sites are misleading and use similar keywords in their domain names. They have come under fire from consumers and their advocates for ads that critics in our opinion are misleading. If they are charging for extra services that’s fine, but the first credit report each year should always be free with no strings attached. Read the rest of this entry