Credit

Dec 21 2017

National Credit Report Reviews – It is a Scam or Legit? #credit #score #companies

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National Credit Report Reviews

About National Credit Report

If you re looking to obtain your credit report from all three reporting bureaus in one simple step, National Credit Report Claims they can help. In addition, the company claims to provide complementary services such as credit monitoring, ID fraud protection, dispute assistance, and more.

But does National Credit Report provide a high level of value for your hard-earned money? Let s give some credit to the facts and see where they lead us.

National Credit Report Details

National Credit Report claims to provide real-time access to your credit scores from all three reporting agencies (TransUnion, Equifax, and Experian) from any smartphone, tablet, or computer, which is refreshed on a monthly basis. In addition, their credit monitoring service will alert you via any time there is a change to your credit score, and their ScoreTracker and ScoreCast products allow you to see how your credit score has changed over time, and what you can do in order to improve it.

National Credit Report also includes $1 million in theft reimbursement insurance if your identity is ever stolen, and their Dispute Center will help you correct existing errors/fraudulent items on your credit report. Additionally, similar to Kids Live Safe. National Credit Report also gives you the ability to search for sex offenders in your area, and to receive emailed alerts any time a new one moves in.

Finally, National Credit Report s website also features sections on the two biggest credit-related purchased most people make; cars and real estate, as well as a Credit Basics section that explains how your credit score is calculated, how to build a good credit score, and more.

National Credit Report Pricing Refund Policy

In order to order your credit reports from all three bureaus, you ll first have to sign up for National Credit Report s Free 7-day trial, which then rolls over to a $29.95 per month membership thereafter.

According to National Credit Report s Terms Conditions, all transactional services (e.g. credit reports and credit scores) are final, and no refunds will be provided.

What Do Other Consumers Have to Say About National Credit Report?

National Credit Report is operated by One Technologies L.P. based out of Dallas, TX. The company holds an A+ rating with the Better Business Bureau, despite having more than 2,700 (yes, you read that right) closed complaints over the past three years. Most of these appear to reference poor customer service and difficulty obtaining a refunds related to monthly membership fees.

Outside of the BBB, online reviews appear to follow in line, with most complaints referencing the fact that customers were unaware that they were signing up for a subscription service, and that customer service was unhelpful in obtaining refunds.

What s the Bottom Line About National Credit Report?

With all of this in mind, are National Credit Report s services really worth the $29.95 monthly fee? Perhaps, depending on your needs, but keep the following in mind when making your decision:

First, it s important to note that you re entitled to one free credit report from each reporting agency once per year. While National Credit Report membership offers additional benefits, such as ID fraud protection, credit monitoring, ScoreCast/ScoreTracker, and more, many of these services come at an additional fee, above and beyond the price of monthly membership, including searching for sex offenders in your area (which is actually operated by NeighborhoodScan.com, not National Credit Report). With this in mind, there are also numerous free online services that can help you accomplish this.

In fact, the FTC sent National Credit Report a letter on July 22, 2010 stating that they must clearly disclose that a free credit report is available to all customers, which should be displayed across the top of each page that mentions free credit reports. However, this information is only disclosed under the FCRA Disclosures section of their Terms Conditions, which is not something that most consumers read. This is probably because nowhere on the National Credit Report website does it state that you re receiving a free credit report only that you re entitled to a 7-day trial, which seems a little sneaky in our opinion.

On top of this, even for some of their membership features such as ScoreCast, National Credit Report claims that it is designed to provide a general approximation of future credit scores based on hypothetical scenarios. Your credit scores are not guaranteed to change as indicated, even if you follow the scenarios precisely. This means that the added service (and charge) may not be worth your time or money.

Finally, National Credit Report appears to have a very poor online customer reputation, with the most common complaints citing poor customer service and difficulty obtaining a refunds related to monthly membership fees.

Bottom Line: Most consumers are interested only in obtaining their credit reports, not signing up for monthly services that they ll rarely if ever use. If this sounds like you, it may be best to take advantage of your free yearly credit reports instead of signing up with National Credit Report.

Written by CREDIT


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