|Received:||11/9/2004 5:10:50 PM|
|Agency:||Federal Trade Commission|
|Rule:||Advance Notice of Proposed Rulemaking, Request for Comment|
|Docket ID:||RIN 3084-AA94|
Comments:. There should be no charge to consumers to get an annual update on their credit scores. Since consumers will finally be able to get a free credit report starting December 1, 2004 on the West Coast and September 1, 2005 on the East Coast, I believe the same policy should apply to the consumer getting his/her credit score. Since in this day and age, credit reports and scores play such a large role in the consumer's life, it is only just that both of these items should be sent to the consumer free of charge. Otherwise, it seems to me that this is another opportunity for 3 businesses, Trans Union, Equifax, and Experian to make more money. As none of these companies works to make sure that the information it collects is correct, they should not be allowed to charge the people they are collecting this information on any fee.