subject: Reasons To Obtain a Paid Credit Report Instead Of A Free One [print this page] Remember when your mother used to say, Nothing in this life is free,? Well, as usual, mom was right. The commercials touting free credit reports sound almost too good to be true and they are. While, technically, you do not pay for your first credit report, once you accept it you are automatically enrolled into a program that charges you a monthly fee. Paula de la Torre of the "Best Credit Reporting Services" website -- http://www.BestCreditReportServices.com/ -- pointed out; " The so called free report actually costs you about 20.00 a month. Once you accept it you are automatically enrolled in a program that monitors your credit for any unusual activity. Is the program a rip-off? No, they actually perform a service for the 20.00 and will alert you if someone tries to open up credit cards in your name But, you can lock your credit on your own and have the credit bureaus tell you when someone tries to access your credit or open credit in your name and it cost a lot less than 20.00 a month. Furthermore, locking your credit will prevent anyone from opening an instant credit card in your name at department or retail stores. While most of these "free" credit report companies dont force you to sign a contract, you have to remember to call them and cancel the service. They do not mail a monthly bill to your home address; instead, they automatically charge your credit card each month or automatically withdraw the money from your checking account P. de laTorre added. Lastly, most of the free internet companies are owned by anonymous companies. You have no idea who is seeing your information or even how to contact these companies if something is wrong. When you pay for your credit report up front, you are in control. Further information about how to get a detailed credit report including scores and as often as you want by visiting; http://www.BestCreditReportServices.com
Reasons To Obtain a Paid Credit Report Instead Of A Free One
