We've all heard the silly, catchy commercials for the hidden-fee-ridden FreeCreditReport.com. The Federal Trade Commission wants to ensure consumers aren't paying for something they can get for free — in this case, credit reports.
You are eligible for three free credit reports every year, one from every credit bureau, and you should access the reports from FTC-approved AnnualCreditReport.com. The FTC has released its own commercials in response to the misguided "free credit" opponent — the spots aren't sensational, but they serve their purpose. Check out one of the parodies in the video below, and remember to steer clear of sites other than AnnualCreditReport.com.