Following the settlement of lawsuits brought by Illinois, Ohio and the Federal Trade Commission (FTC) against One Technologies, a company that offered free credit monitoring and then without the knowledge or assent of its customers charged them $29.95 per month for the “free” service, the FTC is now sending out refunds checks to victims of the scam. One Technologies marketed their scam through at least fifty websites using the names MyCreditHealth, Score Sense, FreeScore360.com, FreeScoreOnine.com and ScoreSense.com. One Technologies paid for advertising on Google, Bing and other search engines so that their advertisements would appear near the top of the page when searching for free credit reports and similar terms.
For specific information about the refunds, go to the top of this page to the tab entitled FTC Scam Refunds. People interested in getting a free copy of their credit reports from each of the three major credit reporting agencies, Experian, Equifax and TransUnion should remember that the only government authorized way to access your credit reports free is by going to http://www.annualcreditreport.com. Many companies offer what appear to be free credit reports, however, if you read the fine print, you may find that, as in this case, you are unwittingly signing up for a continuing service. When signing up for any free service, you should never provide your credit card number. Sometimes scammers lie to you by saying that they need your credit card number merely for confirmation purposes. Finally, it is important to remember that merely because a company appears high on the page in a search engine inquiry, does not mean that the company is legitimate. It may only mean that the company either paid for the spot, as One Technologies did, or the company is adept at manipulating the algorithms used by the search engines to determine placement. It does not mean that the company has been checked out to be legitimate.