Friday, August 26, 2005

When Free isn't Free: Experian Settles with FTC over "Free" Credit Reports

Experian reached a settlement with the Federal Trade Commission over a dispute involving Experian's website www.consumerinfo.com. The case originated with a complaint originating with the Electronic Privacy Information Center (EPIC) that alleged Experian engaged in "bait and switch" type tactics, luring consumers in with promises of a free credit report, then signing them up for an expensive monitoring system.

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