FreeCreditReport.com Class Action Suit!
 |
Wednesday, June 30th, 2010 (2 comments) | Businesses and Government, Good News, Regulation, Scams, Ripoffs, and Dirty Tricks |
A Wisconsin college student filed a class-action complaint against Experian this week, claiming that the company's ubiquitous ads for FreeCreditReport.com led her to believe she could use the site to get a no-cost credit report.
Go figure! Someone believed that FreeCreditReport means you can get a free credit report? What are the odds!?
How this has gone on this long I'll never know. Even after 11,000 Better Business Bureau complaints the most that's been done to date was the very cool FTC spoof videos making fun of FreeCreditReport's TV ads where they did everything short of calling them crooks.
It's such an exquisite pleasure to watch this bogus company go down; let's hope this suit sticks.
Update June 2010:
It's probably been a month or two (or three or four) since this happened, but as a result of the lawsuit, the FTC has required them to put a giant banner on the top of their website saying essentially that they're full of it. Granted, the site should just have been shut down, but it's still nice to see.
| Share to another service: |
|
|||||||||
Was there anything in this class action suit that would cause this company to reimburse those who feel they’ve been “scammed”? I’d be interested in knowing what were the parameters of this class action litigation.
Thanks,
Milton
I’m afraid I don’t know though I suspect it was a settlement fee to the FTC. I doubt the victims will get paid, though if you start your own class action, maybe? I’m not enough of a lawyer to know for sure.