FreeCreditReport.com is a well known company and website that claims – as the website name implies – to provide you with a free copy of your credit report.
FreeCreditReport.com has two different options for obtaining your credit report. First, you can request a report to be delivered in two days, which will be completely free, but this will just be a basic Experian report and will not include your credit score.
Or, for the cost of just $1.00, you can receive your Experian credit report instantly, with the inclusion of your credit score. This $1.00 fee also gives you a 7 day trial to Free Credit Report’s monitoring program.
The Free Credit Report membership gets you unlimited access to your Experian Credit Report while you maintain your paid membership. You also will receive bi-monthly monitoring of your credit score with notifications if the score changes at any time, as well as monthly statements and summaries of key financial information.
Free Credit Report members also get the $50,000 Guarantee and around the clock access to a Fraud Resolution Specialist in the event your identity may be stolen. This guarantee says that if you are a victim of identity theft, Free Credit Report will reimburse you up to $50,000 for damages that they can be proven to be responsible for.
The monthly membership fee for monitoring at FreeCreditReport.com is $16.95 a month, and begins at the end of your 7 day trial. If you choose to cancel your trial membership before the 7 day period is up, you will receive no fees or charges.
You can also choose to cancel your service subscription any time after becoming a member and you will incur no further charges, however you will not be eligible for a refund of previous charges.
First they charge you $1.00 that is non-refundable (not free) and then charge you only 6 days into your 7 day free trial. SCAM.