"Free" Credit Report

You've all seen those commercials for free credit reports... they've got catchy jingles and it is clear they're trying to be "hip" and  "cool"

But are they too good to be true? They claim that it is completely free, and New York Times has uncovered that this may not be the case, unless you read the fine print. 

What happens, is that when sign up for Freecreditreport.com, you are automatically signed up for a "credit monitoring system", which is around 18 dollars a month. Most people who sign up, get their credit report, and then see strange charges on their credit cards.

So, be cautious when signing up for anything online, make sure to look very carefully.