Business
Credit Monitoring Firm Agrees to $22 Million in Refunds
(Chicago Tribune) – At least 50 websites, with names like FreeScoreOnline.com, FreeScore360.com and ScoreSense.com, offered consumers access to their credit scores from the three major credit reporting bureaus for at most, a refundable $1 processing fee.
In reality, though, there was nothing free about the offer.
Now, after more than 210,000 consumers complained they were duped, the Dallas-based company behind those sites has agreed to refund $22 million to customers.
One Technologies and its affiliates, which also did business under the names ScoreSense and MyCreditHealth, agreed to the refund program as part of a settlement announced Wednesday with the Federal Trade Commission, Illinois and Ohio.
