First of all, be aware that ALL tri-merged (3-in-1) reports are INCOMPLETE and may even include DIFFERENT data than the “real” credit reports lenders get.
The FAKE TrueCredit credit scores mean nothing.
Please read FICO Credit Scoring BASICS for more info.
Since a client in the middle of a refinance wanted to see what the current reported balances are, I thought she could try the Trans Union-owned TrueCredit. However, the offer she got was for a 7-day trial for only Trans Union reports and below is the link to get a free tri-merged report, but there are a few things you ought to know.
The TrueCredit fraud and deception.
According to Trans Union’s attorneys, the credit reports sold at TrueCredit are NOT “consumer disclosures” as defined by the Fair Credit Reporting Act (FCRA) and therefore it is legal to mislead consumers into wasting their hard-earned money.
The TrueCredit credit reports do NOT contain:
- all information reported to creditors
- all information required to be disclosed to consumers according to the FCRA
TrueCredit reports MAY contain:
- DIFFERENT information than what is reported to creditors.
Of course TrueCredit does NOT disclose any of this to consumers as their profits are much more important to them than being honest and complying with the law.
Trans Union has always focused on MARKETING and the FTC sued Trans Union several times for illegally using and selling consumer credit report data to market.
That was prior to 2000, when President Bush took over and directed the FTC to do whatever it takes to ensure that the bankers and credit bureaus maximize profits at the peoples’ expense. Unfortunately, President Obama is as corrupt as any politician and you all know what happened to the promised “change.” The corporations run the planet.
Do NOT click on the countless TrueCredit ads for debt elimination, credit cards and mortgage rates.
You are subjecting yourself to ID THEFT, as many of these companies will sell all your personal information to the highest bidders.
Obviously, the highest bidders are often criminals like Mark Cella and his now defunct debt elimination scam FDRS. Quite likely, your data will be sold to MULTIPLE bidders who then sell your data again if you don’t respond to their shady offers.
So, now that you know what you’re in for, get your free tri-merged report if you need only partial info, such as current balances and an overview of your credit and it’s not important if creditors get some different data.
You do need to provide your CREDIT CARD info to get the free tri-merged report and since you need to cancel within 7 days to avoid getting charged $14.95, order your report (you only get ONE report every 30 days), SAVE it to your hard drive (make sure it saves correctly) and then immediately CANCEL.
How to cancel?
From “Everything you need to know about this offer“:
Of course they make it difficult to cancel so that they can charge the $14.95. During my own most frustrating attempts to cancel I learned that you can NOT cancel online. I just read the FAQ, help page, etc. and found NOTHING on how to cancel.
You have to call:
Talk to a Customer Service Team member.*
Monday through Thursday, 8 a.m. to Midnight
Friday through Sunday, 8 a.m. to 8 p.m.
Call toll-free (800) 493-2392
Nobody should have to read through THIS:
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Filed under: Trans Union - TrueCredit tagged FICO scores, free tri-merged report, ID theft ALERT!, TrueCredit SCAM