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Senator Wants Free Credit Report Companies to Actually OFFER Free Reports

Wednesday, November 4th, 2009 (No comments yet) Businesses and Government, Congress
U.S. Senator Charles E. Schumer is my hero of the day.
"If these companies want to say — or sing for that matter — that they are giving people free credit reports, then they can't charge people $15 a month, simple as that," Schumer said. "For years, these companies have said with a smile that they will provide a free credit report — even though the government already requires a credit report be provided for free every year – and then suddenly, months later consumers get a bill in the mail for their credit monitoring services. My plan would finally bust up this scam and give consumers some honest choices."
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