Network News

X My Profile
View More Activity

FTC Takes on

If you watch television, chances are you've seen the jingles where the young guy sings a campy song about his troubles with identity theft, in a bid to pitch a site called

Well, now the Federal Trade Commission is getting in on the act, running a series of hilarious public service announcements to point out that such services often are not free at all, and instead pointing consumers to, a site mandated by Uncle Sam and probably the only place online consumers can truly go to get a free copy of their credit reports from each of the three major credit reporting bureaus.

Here's my favorite PSA from the FTC:

If you haven't seen any of the commercials that the FTC is lampooning, it may make more sense if you take a gander at them over at YouTube.

Here's one more from the FTC:

Looking for more information on your right to a free credit report, as guaranteed by federal law? Check out the FTC's page here.

By Brian Krebs  |  March 20, 2009; 9:40 AM ET
Categories:  From the Bunker , Safety Tips , U.S. Government  | Tags:,, ftc  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati   Google Buzz   Previous: Antivirus2009 Holds Victim's Documents for Ransom
Next: Rogue Antivirus Distribution Network Dismantled


Consumer protection is also economy protection. It's no coincidence that lax enforcement of consumer protection laws has harmed the economy. Yet there's not much talk of fixing a system where a $2,000 credit card bill can mushroom to three times that amount through fees and penalties.

Credit card companies should be just as liable for extending credit to those who can't handle it just as bartenders are charged when they serve alcohol to an obviously drunk person.

Who among us hasn't been bombarded by blank checks, offers for new cards and credit limit increases? The banks worked hard to get us into this mess and there's no magic pill that will fix it. I fear, most of all, that we are dumping the money that we'll need to help citizens weather the storm on the very people who caused it. Listen to them whine about how much they deserve the huge bonuses wrested from the nation's poorest.


Posted by: Peggy_M | March 22, 2009 10:58 AM | Report abuse

I think consumers should also be made aware that the scores sold by are NOT FICO scores and are completely worthless. If you're trying to build credit then the FICO score is the only one you should purchase.


Posted by: scoremore1 | March 22, 2009 3:38 PM | Report abuse

Hilarious! Thanks, Brian. Only problem I see is that the parody is so spot on that it's sort of hard to tell the difference.

Posted by: peterpallesen | March 23, 2009 3:46 PM | Report abuse

A ".gov" domain would clear up the confusion right away. Advertising like this is a poor substitute! Not only will it just be money down the drain as soon as the daze-and-confuse interests put out a stronger advertisement, but it actually plays into hand of the daze-and-confuse interests by reinforcing the message that the public should trust cute jingles on TV that tell them that ".com" sites that masquerade as government programs really are government programs.

Posted by: amturnip | March 23, 2009 9:19 PM | Report abuse

The comments to this entry are closed.

RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company