• Annual Credit Report.com Vs Free Credit Report.com

    Annual Credit Report.com Vs Free Credit Report.com

    March 29, 2009

    If you have been around the TV in the last few years more than likely you are familiar with the FreeCreditReport.com commercials.  They get with you a catchy tune that most people know.  A parody has been made by the real free credit report site, AnnualCreditReport.com.

    The strings attached line is a direct reference to FreeCreditReport.com’s subscription.  To get your credit report there, you will have to enroll in their credit monitoring program, Triple Advantage.  This does cost money but it comes with a free trial to begin.  That is how they are saying you are getting a free credit report.

    Now, you are entitled to a free credit report once per year through AnnualCreditReport.com, but this does not include your credit score.  You will have to either pay for a credit score or enroll in a credit monitoring service.

    The way it is present between the two parties, AnnualCreditReport.com and FreeCreditReport.com, gives two different sides.  Annual Credit Report is almost stating don’t do these other guys, it isn’t worth it because it will have strings attached and you will get it for free from us.  FreeCreditReport.com has the position that you will get a free credit report and score if you enroll in our credit monitoring program, but we will hardly talk about triple advantage and what it really does.  We will instead stress the fact that you get a free credit report and score if you join.

    So which is the better stance?

    The full story should actually be told.  Credit monitoring is actually a worth wild product, but selling it using a free credit report and score is the industry norm.  Most every credit monitoring program you will find out there offers a free credit report and score to get you to sign up.  AnnualCreditReport.com is just confronting the most recognizable.

    Also, as stated above a credit report is free, but a credit score is not.  A “free credit score” always will come with some strings attached.  These strings are signing up for a credit monitoring program.

    Here is the consideration that must be made: If you are person concern about your credit, credit reports, credit scores, being protected from identity theft, and trying to improve your credit, credit monitoring is worth it.  If so you will want to check your credit report and credit score more than once per year.  Taking that into account the cheapest way and the best way to do this is credit monitoring.  Depending on the program, you will be given access a certain number of times to both your credit report and score.

    Also, on the push to improve, many credit monitoring are going to give you assistance by analying your credit report to see what you can do to improve.  Many programs provide alerts to when changes are made to your credit report.  Also, some watch your score and alert you when you hit your credit score goal.

    Identity theft is another reason why credit monitoring is worth it.  Millions of Americans each year are struck by this crime.   The average money per person lost is around $5,000.  Also, the time and effort needed to clean up your credit report is daunting.  Credit monitoring is a form of prevention.  They watch your credit report 24/7 365 days a year.  Also, most programs come with a form of identity theft insurance.

    Conclusion

    Maybe the choice needs to be made to sell credit monitoring for what it is.  For a person that wants to check their credit report and score more than once per year.  Also, a person who is concerned about their credit, wants to improve their credit standing, and does not want to be a victim of identity theft.  Selling the product biased on its real benefits not a bonus of getting a free credit report and score when you sign up.  This would more than likely not sell as well, but consumers might known what they are getting into from the beginning.

    Was This Post Helpful?

    Help other people find. Vote you will be spreading the good will

User Comments

  1. […] Read more: Annual Credit Report.com Vs Free Credit Report.com | Credit Score … […]

    March 29, 2009 Pingback by NS Free Credit Reports » Blog Archive » Annual Credit Report.com Vs Free Credit Report.com | Credit Score …@
  2. […] View original here: Annual Credit Report.com Vs Free Credit Report.com | Credit Score … […]

    March 29, 2009 Pingback by Break Your Debt Cycle! » Blog Archive » Annual Credit Report.com Vs Free Credit Report.com | Credit Score …@
  3. […] The rest is here: Annual Credit Report.com Vs Free Credit Report.com | Credit Score … […]

    March 30, 2009 Pingback by Free Credit online NOW! » Blog Archive » Annual Credit Report.com Vs Free Credit Report.com | Credit Score …@
  4. While I don’t necessarily agree with the “back-story” behind giving away the free credit report, this type of marketing is totally sensible, and truly makes sense to me. I can see where the annual credit report site has an angle over freecreditreport.com, but still. Point noted and taken.

    – Julie

    March 30, 2009 Comment by juliestevenson23@
  5. If I see another one of these commercials I’m going to shoot myself.

    Erik Zann’s last blog post..Rainbow 6 Vegas 2

    April 14, 2009 Comment by Erik Zann@
  6. Thanks for the info on that. Ive been looking for a place to check my credit score

    April 16, 2009 Comment by mens shavers@
  7. Hi, nice post. I have been wondering about this issue,so thanks for posting. I’ll likely be subscribing to your site

    May 13, 2009 Comment by mediatechno@
  8. This commercials are amazing… amazingly bad! lol!

    May 26, 2009 Comment by Video Production Birmingham@
  9. i hate them adverts, cheesey and as annoying as hell

    June 22, 2009 Comment by web design leeds@
  10. that is very bad! lol

    July 6, 2009 Comment by re-roof west yorkshire@
  11. Very good article here,Found this info useful ,although im still not sure what company to use.

    August 20, 2009 Comment by Pookie@

RSS feed for comments on this post. or TrackBack URL

Leave a comment

CommentLuv badge