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Watch For Scams Newsletter. Free Credit Service Website
August 14, 2012

Free Credit Service Website

Watch For Scams is dedicated to helping you avoid becoming a victim of fraud.

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Free Credit Service Website

We have received many complaints regarding a particular website that is claiming to offer “free” credit services such as credit scores and credit monitoring.

Customers reported being charged a monthly service fee. However, the terms of the agreement advised that the “free” report only lasts for a limited time. At the end of the free term, the website used the customer’s supplied financial information to charge a monthly membership service ranging from $19.95 to $29.95.

The terms and agreement from the website states the following:

“For Subscription Services which include a free-trial period, if you do not cancel your free trial within the free trial period, you will be charged at the monthly rate in effect at that time for the Subscription Services for which you enrolled. Your debit or credit card (including, if applicable, as automatically updated by your card provider following expiration or change in account number) will continue to be charged each month at the applicable monthly rate unless and until you cancel the Subscription Services.”

The website, according to the Better Business Bureau (BBB), has been given an F rating by the BBB for the following reasons:

• 1037 complaints filed against the business

• 8 complaints filed against the business that were not resolved

• 17 serious complaints filed against business

• Advertising issue(s) found by the BBB

If you believe you have been a victim of this type of scam you should promptly report it to the IC3's website at The IC3's complaint database links complaints together to refer them to the appropriate law enforcement agency for case consideration.

Remember - always watch for scams!


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