QSPACE CREDIT REPORT TRIAL
QSPACE CREDIT REPORT FREE

'Consumers paid the price for ordering free credit reports from ,' said Lydia Parnes, director of the FTC's Bureau of Consumer Protection. Consumers can get their free reports by phone, mail, or at one authorized Web site, The FTC complaint alleges that Consumerinfo deceptively advertised and promoted its 'free reports' at its '' Web site, without disclosing that it was not associated with the official annual free credit report program. This program began in western states on Dec. A federal law enacted in December 2003 gives consumers the right to get one free credit report every 12 months from each of the three national consumer reporting companies. The complaint also alleges that Consumerinfo misled consumers about their association with the annual free credit report program for which U.S. The FTC charged that the defendant's failure to adequately disclose the automatic billing and to get consumers' consent to bill their accounts violated federal law. Consumerinfo billed the credit cards that it had told consumers were 'required only to establish your account,' and, in some cases, automatically renewed memberships by re-billing consumers without notice.

QSPACE CREDIT REPORT TRIAL

However, valid credit card information is required to establish your account.'ДЄccording to the FTC's complaint, Consumerinfo's advertising and Web sites failed to explain adequately that after the free trial period for the credit monitoring service expired, consumers automatically would be charged a $79.95 annual membership, unless they notified the defendant within 30 days to cancel the service. They were assured that, 'Your card will not be charged during the free trial period. You 30 FREE days of the Credit Check Monitoring Service at no obligation.Д¬onsumers were required to provide detailed personal information and a valid credit card account number to get their credit report. along with your INSTANT credit report, we'll give

Ads made claims such as:ДЇREE! FREE! FREE! Get Your FREE Credit Report Online in Seconds!!!!Д¬lick here to get a FREE copy of your online Credit Report Instantly!ДЄnd that's not all.

The settlement requires Consumerinfo to pay redress to deceived consumers, bars deceptive and misleading claims about 'free' offers, requires disclosure of terms and conditions of any 'free' offers, and requires the defendant to give up $950,000 in ill-gotten gains.ДЄccording to the FTC complaint, the defendant drove consumers to its and Web sites with radio, television, e-mail and Internet ads that promised free credit reports and a bonus вЂ“ free trials of a credit-monitoring service. and Iplace Inc., is a wholly owned subsidiary of Experian North America, which is also the parent company of Experian Information Services, one of the three national credit reporting companies. Marketer of 'free credit reports' settles FTC chargesД¬ Inc., doing business as Experian Consumer Direct, has settled Federal Trade Commission charges that it deceptively marketed 'free credit reports' by not adequately disclosing that consumers automatically would be signed up for a credit report monitoring service and charged $79.95 if they didn't cancel within 30 days, in violation of federal law.Д¬ Inc., which also operates as Qspace Inc. Financial Crimes Enforcement Network (FinCEN).

Qspace credit report