Hamstrung by bill, credit agency gets creative
Friday, April 4th, 2008No sooner after the Senate approved HB 130 — a bill that would give consumers greater control over their credit reports that’s summarized here by Scott Henry — did Equifax start soliciting their customers with a credit-protection program opponents call “redundant.”
Here’s what the AARP, who pushed for cheaper credit-report freezes for seniors, had to say about Equifax’s offer:
The solicitation, in part, offers “the ability to lock and unlock your … credit file online quickly and easily; the flexibility to temporarily unlock your … credit file for all or specific companies; comprehensive monitoring and alerts within 24 hours of key changes to your Equifax, Experian, and TransUnion credit files†for $14.95 per month.
…
“AARP reminds Georgia citizens that many of the bundled services that the credit reporting agencies may offer are unnecessary with the successful passage of Georgia’s credit freeze legislation. Research and examine any sales tactics closely before spending money needlessly on a monthly basis,†said AARP State Advocacy Director Kathy Floyd.
After the jump, view the e-mail that Equifax customers received.
