Friday, March 13, 2009

The REAL "Free" Credit Report

Once again I am digressing from my goal of writing about interesting intellectual property and entertainment law matters, but this item seems rather important: it turns out that the "free" credit reports advertised in all those cute TV commercials with the guy working in the fish & chips fast-food joint and guys driving around in their old beater car aren't really free after all. That's because you have to buy another product like an annual credit reporting service in order to get the "free" credit report. In response, the U.S. government - in conjunction with the three major credit reporting agencies - have created a website that does in fact offer a truly free credit report without any strings attached.
Why is this important? It's important because these days in particular knowledge is power and knowledge about the state of your credit is particularly powerful.
P.S.: On a lighter note - don't forgot to check out "Lydia The Tattooed Lady" in my March 10, 2009 blog entry.

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