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FreeCreditReport.com Wins 1,017 Domains By UDRP
typosquatting writes to mention that the largest domain dispute case since the Uniform Domain-Name Dispute Resolution Policy (UDRP) was enacted ten years ago has been decided. The decision saw 1,017 cyber-squatting domains turned over to ConsumerInfo.com, owner of FreeCreditReport.com. The full decision can be read via the National Arbitration Forum website. "It would seem that this decision sets or reinforces a fairly strong precedent that trademark holders may be entitled to, not only to the domain name that exactly matches their trademark, but also to a wide swath of other domain names including nearly every possible misspelling or other variation of that trademark, potentially even if the trademark is comprised of generic words."
to solve the important dilemma of people not wanting to be responsible for typing correctly.
Jeez this is so stupid.
The Kruger Dunning explains most post on
It's funny that "free"creditreport.com is upset that someone else is profiting off their name, when their name is designed to profit off someone else's. I don't think they existed before the US government mandated the credit agencies give you a free copy of your credit report every year (via annualcreditreport.com). "free"creditreport.com doesn't actually give you a credit report for free; you have to enroll in a reporting service to get it.
Don't do it. You give them your info and get a free credit report, but you have to opt out like AOL or else they'll charge you. When you call them to opt out they haggle and harass you like AOL did ("Are you sure you want to cancel? Here are our other plans...") and you have to tell them no multiple times until either of you gives up. Then they continue to spam the living fuck out of your inbox.
/rant
There are millions of people in the world with the same name. If I want a web site in my name, and someone else has it, I have to wait for them to die before I can have a site with my name on it. Unlike license plates where I can put up -01 or -02 or whatever, I can't do that now (oh noes, its too close). This is really really dumb. If you've ever tried to find someone on Facebook and has to go through ten pages of people with the same name, you know what I mean.
I do not really agree that domains that only bear similarity to a mark should be transferred, but in this case, they are part of a large collection of domains that appear to be very obviously registered in bad faith, with the sole intention of typosquatting.
I wonder if the registrant paid for those domains... this should have set him back at least $5k.
see a Text Widget
freecriditreeport.com isn't on the list.
It would seem that this decision sets or reinforces a fairly strong precedent that trademark holders may be entitled to, not only to the domain name that exactly matches their trademark, but also to a wide swath of other domain names including nearly every possible misspelling or other variation of that trademark, potentially even if the trademark is comprised of generic words.
Does it? It strikes me that FreeCreditReport variants have more potential to defraud regular people than your regular news site. If slashdot tried to do the same thing, and pick up all of the .coms, .nets, etc on its variants, it would probably be shot down. It would be a bit nice if this precendent was viewed in context as an exception where the public would benefit from not having ambiguous urls over the corporate entity actually owning the urls.
FreeCreditReport.com charges $15 and is run by lying, typo-squatting douches at Experian.
> not only to the domain name that exactly matches their trademark, but also ... nearly every possible misspelling or other variation of that trademark
Right now Larry Page and Sergey Brin are yelling at each other over their diamond-encrusted platinum iPhones. On the bright side this guy claims that Google earns $32M-50M on typosquatting. That's the sort of cash they could easily walk away:
http://www.itworld.com/internet/56426/professor-google-earns-32-50m-typosquatting-sites
... means squat.
now we need to go OSS in diesel cars
....requires enrollment in Triple Advantage (tm).
I judt got a nre Kinesis keybiartf so please excusr ant egregiou typos.
I fell for this. They want $19.99 a month to "protect" your credit.
Don't get me wrong though, it was kind of neat getting real time credit scores on your account, an email alert every time some yahoo looked at your report, and access to a one click instant credit lock. But in the end, unless your going to buy a house or a car you don't really need up to the second data on your report.
Though, to be honest, I think we should be given access, atleast once a month rather than once a year. Its not like the data is that hard to display and it be far more useful to check for credit card fraud.
I fell for the catchy jingle.
It's OK to admit it.
Get ready for many more such lawsuits, thus providing job security for lawyers and judges.
I hate being bipolar; it's awesome!
In one or more of the following ways
(1) adding "ing," changing the tense of the mark to a present participle;
(2) adding the letter "s," changing the mark from singular to plural;
(3) adding a generic or descriptive word to the mark;
(4) adding a generic or descriptive word to the mark that has an obvious association with Complainant's business;
(5) adding an abbreviation of a geographic word to the mark; (6) adding a geographic word to the mark;
(7) misspelling the mark by changing a letter in the mark to a different letter;
(8) misspelling the mark by changing a letter in the mark to a number;
(9) misspelling the mark by adding a letter within the mark;
(10) adding a letter to the beginning or end of the mark;
(11) misspelling the mark by adding a number within the mark;
(12) adding a number to the beginning or end of the mark;
(13) omitting the period between the first-level domain, "www," and the mark;
(14) changing the generic top-level domain (gTLD) included in the mark from ".com" to ".org;" and/or
(15) adding hyphens to the mark. Any individual disputed domain name typically contains Complainant's mark and one of these changes.
I'm glad they won. The showed plenty of examples of other companies that also won b/c of squatters like Bank Of America vs wwwbankofamerica.com (squatter removed the ".").
Be careful about checking your credit too often though.
When you check your credit too often, it dings your credit score. And it doesn't take much either.
Don't ask me why this is the case...
The New York Times recently did an extensive article on this scam.
The entire basis of their operation is to fool people into paying for something advertised as free. They claim that their site discloses its fees, but the disclosure is still discrete enough to fool massive numbers of people.
Any site where you make a purchase should disclose the fact that you are making a purchase with at least the level of clarity that you encounter on a reputable site such as Amazon.com. Also a service that advertises itself as "free" should never be allowed to charge -- even if they gratuitously disclosed their fee (which they don't) it would still be a bait an switch scam.
If it was calculated/reported correctly it wouldn't. But there is a possibility that it is showing up in the same area as requests by credit card companies, etc. making it appear that you are requesting multiple credit cards/loans.
if you need real-time monitoring of your credit report to buy a house, maybe you shouldn't be buying a house.
Do you even lift?
These aren't the 'roids you're looking for.
Tip: There are three credit agencies. You can check each one once a year for free. Check a different one every four months ...
It must have been something you assimilated. . . .
Let us not forget that the majority of these sites are owned by the credit reporting agencies themselves. They have set up a system of credit reporting that is so ridiculously flawed security wise that they can now sell the people "protection" from the very same system. Good business to be in...
Not true. Applying for new lines of credit will lower your score, but checking it yourself will not. See http://www.privacyrights.org/fs/fs6c-CreditScores.htm#5
-William Brendel
We should be given access on a completely unrestricted basis 24/7/365 including holidays, weekends, etc. This is data that is used to deny you bank loans, car loans, causes higher rates on many things, etc. No one should be allowed to keep this data without allowing the affected parties to view every single fucking record. Furthermore, there should be financial penalties for any inaccuracies. They accidentally show that you paid late once when you really didn't? That's a $20000 fine, paid to YOU. I don't know why we think that companies need to be allowed to keep records like this and use them in business dealings but keep them completely secret. (Access once per year is nonsense, that's as close to secret as humanly possible)
-1 disagree is not a modifier for a reason. -1 troll, flaimbait, redundant, overrated are NOT acceptable substitutes.
From a real world POV thats a useful tip. From a bureaucracy and goverment POV. WHYYYYY? wtf we don't need redundancy in these situations. I can see why socialism is so unpopular in the states when the system is so retarded.
FreeCreditReport is a ripoff of AnnualCreditReport.com, the real free site which the U.S. Federal Trade Commission requires the three major credit bureaus to maintain at their expense.
"ConsumerInfo.com, Inc. and Freecreditreport.com are not affiliated with the annual free credit report program. Under a new Federal law, you have the right to receive a free copy of your credit report once every 12 months from each of the three nationwide consumer reporting companies. To request your free annual report under that law, you must go to www.annualcreditreport.com."
If you read the New York Times article linked to a couple of posts up, they mention that the company at freecreditreport.com started selling reports *before* the government started requiring free annual credit reports. Of course, once this started, the chance for confusion helped them, but they actually started it independently of the government requirement.
Has to be said : what exactly do you get "for free" from freecreditreport.com? You can't get any information without paying and signing up for a service that you have to beg the phone reps to get canceled. Scarier still, the company that runs the site has the power to truly screw you over if you contest the charges on your credit card, since they ARE one of the credit reporting companies.
The submitter's name is "typosquatting." The linked article was written by Alias Encore's PR flack , and exists for the sole purpose of selling Alias-Encore's software and services-- namely "helping companies increase highly qualified traffic to their websites through the strategic acquisition of misspelled domain names."
Don't ask me why this is the case...
Because - as I have recently found after starting a job here - the American banking system is utterly insane.
I can't believe you people still use cheques, for fuck's sake. And that even with a 6 figure income you're looking at 6-12 months of "credit building" before you can qualify for a cheap car loan without being raped on interest rates.
Any company or government institution can put whatever they want on your credit report and you have no right to defend yourself. Serial killers even get a trial.
FreeCreditReport.com is a total scam. It's not free - you have to pay to get the report. But everyone's entitled to a free credit report once a year anyway, direct from the reporting corps, under US credit laws.
And now that scam has funded this evil precedent.
Goddamn the lawyers.
--
make install -not war
And welcome to the f'd up country that was founded by some British (et al) sons-a-bitches that were so into their f'd up God cult that they couldn't continue to fit in with the rest of the way too liberal (for the time) yet still f'd up God cultists in Europe. Don't be so hard on us though. In the last 230+ years we have at least keep the female breasts hidden. As far as banking here goes, just take your raping and move on. Never going to change. Us yanks are just too stupid and fearful (on average) to demand any better. Ya gets what ya deserves.
I can't believe you people still use cheques, for fuck's sake. And that even with a 6 figure income you're looking at 6-12 months of "credit building" before you can qualify for a cheap car loan without being raped on interest rates.
No, silly, this is America. We use checks. And we didn't fall for that chip-and-PIN-and-you're-liable-if-your-card-is-lost scam.
Anyhow, taking a loan to buy a car is almost always a mistake. Save your money, pay cash, be free.
Socialism: a lie told by totalitarians and believed by fools.
* Ruling applies with enrollment to Triple Advantage(tm).
Citation please. I was able to qualify for a low (0%) loan on a new vehicle, with only your normal everyday 5 figure income. Dodge Diesel truck--not some econobox.
... and it be far more useful to check for credit card fraud.
Precisely, and that's exactly what the Big Three don't want. If people started checking their credit record at will, and as a matter ordinary household economics, the credit bureaus would be under a lot more pressure to clean up their respective acts. That will cost them lots of money, and they're perfectly happy that 'x" number of us get screwed out of our savings and our credit every year. Otherwise, they would have to actually fix the broken system they've built. There's no incentive whatsoever for them to treat us decently in this respect, mainly because there's no downside to them if we get shafted. Congress, of course, could fix that very easily with effective regulation and enforcement, but it's unlikely that will ever come to pass ... too many billions (of our money) on the line.
Furthermore, the corporations that depend upon the credit system (banks and credit-card issuers, for example) want millions of people who don't understand the system, don't understand how to improve their score, or what affects it. That way they can keep milking those people with high interest rates, late charges, and so forth. It's no small potatoes, my friend.
The higher the technology, the sharper that two-edged sword.
Citation please. I was able to qualify for a low (0%) loan on a new vehicle, with only your normal everyday 5 figure income. Dodge Diesel truck--not some econobox.
Without a credit rating ?
The credit-reporting agencies are not government entities.
This is data that is used to deny you bank loans
When a U.S. lender uses a credit report to deny you a loan, you have the right under the FCRA to know which bureau the lender used, so you can get a copy of your credit report yourself.
And we didn't fall for that chip-and-PIN-and-you're-liable-if-your-card-is-lost scam.
What "scam" ? I'm not aware of any countries where the customer is liable for fraudulent transactions unless they've been grossly negligent (and being grossly negligent with your "checks" won't produce any different result).
Anyhow, taking a loan to buy a car is almost always a mistake. Save your money, pay cash, be free.
There are numerous situations where it makes more sense to get a loan. Everything from not having sufficient cash on hand, to being able to get a better return on the money elsewhere.
And all it will take is you getting enough people together to out-lobby the people who don't want that to happen.
Random Thoughts From A Diseased Mind (Not For Dummies)
Buy your surname followed by a generic term related to what you sell. For instance, Staisy Example would find example.com taken and buy examplegreenhouse.com or something.
That worthless bullshit garbage means NOTHING outside the borders of the Empire.
Seriously, you can rack up tens of thousands in debt and just bounce to another country and get citizenship there leaving your silly social number and all that Imperial rabid consumerism as you get a new ID/identity for your new citizenship. All your three Master's can do then is cry into their platinum cups while sitting on their gold thrones on top of their titanium floors with embedded diamonds and pearls.
The only check you need is a reality check with this set of debt chains you Imperials so proudly wear for some asinine reason.
For the scores you can go to Credit Karma.
So if I pay my bills on time, does that make me a karma whore?
What, you think the purpose of a credit file is to serve the borrower?
Credit scores and credit reports are for lenders. Why would they fine themselves for incorrectly reporting your credit history? The system is broken not because there is inadequate oversight or accountability regarding lending and reporting practices (though it is obviously grossly inadequate). The system is broken because it is designed from its very foundations to ensure that no matter what, lenders always come out on top. This is why fraud is not more aggressively pursued, and why incorrect reporting is shrugged off as a necessary part of doing business. The free-market mentality is that the only mechanism required to ensure correct reporting is the loss of revenue due to competitors valuation of lending risk being more accurate than one's own. And of course, the consumer is the one who always gets shafted under this system.
Credit reports are a double-edged sword. On the one hand, they are a necessary aspect of determining credit risk. On the other hand, they are used these days to evaluate far more than one's creditworthiness--and they do so using very personal and specific data about you, information that you would think ought to be your right to know whether they are being used for or against you. The system is corrupt because it is being increasingly applied to aspects of one's life far beyond what was originally intended, yet the borrower is really the only party who truly cares about the accuracy of the data it contains.
Here in the UK I was recommended to join the UK version of this site BY MY BANK. The credit report was worthless and I couldn't cancel my account.
Months later when I saw the sneaky submarine charges on my card bills I rung up several times but never got my money back. The site is a low life scam- pure and simple. It has multiple complaints all over the net yet when I asked customer service each time if they feel good working for a scam website they would reply that it's perfectly clear and in the TOS.
Come on, who reads the TOS ever? It says on the website FREE credit report (in caps)... Therefore I assume it's free.
Stay away. They should be shut down. They stole money off me.
Fuck your friends, fuck your dad, fuck your mom!
Never mind, they've been droning our songs
Since we first showed up with our fag hats on!
If you're not into pork sword fights
Pointy slippers and green wool tights
Take a trip from a jerk who knows
Notso Free Credit Report dot com, let's go!
And yet all 3 have the incontestable power to destroy your life.
undoing overrated
freecreditreport.com will automatically sign you up for a service which you can cancel at any time. They will never ask how they will bill you because they will steal it out of one of your bank accounts as 3TVC. yeah, if you call to cancel they won't actually cancel. I've talked with like 3 or 4 people who have used the service and all of them said that freecreditreport.com didn't cancel even though they claimed that they did so on the phone. You have to get their payments disputed through your bank once you figure out which bank account they are pick-pocketing you from. I dont understand why they aren't all arrested and thrown in jail. My wife used this service, found out 6 months later that 3TVC was actually freecreditreport.com, tried to get refunds on them, and found that the bank wouldn't refund that far even though they had records of her account much farther back. She only got 3 months back. When she talked with someone from the bank, they said they get this all the time from freecreditreport.com. WHY ISN'T THIS ILLEGAL!?! THIS IS MINOR THEFT ON A LARGE SCALE AND EVERYONE KNOWS ABOUT IT!!!!
It's laughable that the domain freecreditreport.com says this on it's homepage.
When you order your free report here, you will begin your free trial membership in Triple AdvantageSM Credit Monitoring. If you don't cancel your membership within the 7-day trial period**, you will be billed $14.95 for each month that you continue your membership.
So it's NOT free at all. Seems like they just handed over care of the lambs from one wolf to another.
I have a question.
Why is it that someone can fuck up your credit right away if you pay a bill late, but when you pay that late bill back it takes the credit agencies upwards of 30 to 45 days to correct your credit. Shouldn't it be if you pay your late bill the credit agencies should immidiately fix your credit report to reflect that payment?
Is there a chance of making this law?
Private companies aren't bound by the Constitution (it's only meant to protect us from the government itself. Insert boilerplate argument about erosion of Constitutional protections over the last X decades here). That helps a lot.
In fact, this is the perfect example of why the free market doesn't work sometimes. Lenders always benefit when they can justify charging you more for a loan by getting the worst credit report possible. The reporting agencies have no incentive to fix the problems because every fixed problem directly results in lost profits for their industry.
So you end up with lenders being protected while the consumers - the voters who control the laws that allow lenders to exist - get hit with higher and higher interest rates. And it's not like some fair, reasonable credit reporting startup can realistically compete when the Big Three own the central authority that everyone orders reports from.
I am wondering how much it cost them to contest 1017 domains
Source: http://www.wipo.int/amc/en/domains/fees/index.html
Is that so hard to believe? Say the window allowed by law for events to affect your score is 45 days. When you hurt your score, lenders (their customers) have a very strong need to know immediately. When you improve it, lenders (their customers) don't consider it a priority, and in fact they have an incentive for your score to be as low as possible. So the agencies pad out the response time to the maximum allowed by law: 45 days.
It's a problem of conflicting interests, not one of making law stricter. At least in this specific case.
Credit protection subscriptions and the like are BIG business. The guv will never mandate open access to your credit info... the credit bureaus would scream bloody murder.
I'd like to think this is a fair more positive step in the right direction to curtailing cybersquatters -- those for whom there is a special place in hell... along the lines of sub-prime mortgage profiteers (and anyone else making money off the misfortuate/suffering of others) -- rather than a dangerous precedent against fair use.
Seriously, unless you run a legit business which happens to have a name similar to another, where you own ONE similar domain (maybe a few that ALL rediect to your legitimate web business), otherwise you have 0% right to own multiple domains. This is not to mention 1017 variations of a legit domain, where the squatter domains are dead-pages or fake web portals (search/news/whatever). There is no fair-use going on there.
example of some of the names given to freecreditreport.com:
newyorkfreecreditreport.com
getfreecreditreportonline.com
statewithfreecreditreport.com
I see that freecreditreport.com owns freecreditscore.com. There are hundreds of businesses that use the term "free credit report" or "free credit score". Why did the uspto grant freecreditreport.com trademark rights to such a generic term? The term is too ordinary and by definition has a natural association with something in a consumers mind.
I guess if you spend enough millions and have a superbowl commercial or two you can trademark almost anything?
I don't agree with the typosquatting, but this decision goes way beyond it, and sets a bad precedent.
This is worth emphasizing more carefully so that people can't possibly miss it. You are entitled to one free yearly credit report from the consumer credit reporting agencies. The official website for this is AnnualCreditReport.com.
Some important details to be aware of:
Are you adequate?
Not only that, but they don't give an easy way to cancel your membership online. The only way to cancel the thing is to literally call them up on the phone and do it, at which time you have to do verbal battle with the service rep whose job it is to tell you how awesome their service is and remind you that without it your credit score will catch HIV and die.
They're one of the shadiest companies I've every dealt with.
"People who think they know everything are very annoying to those of us who do."-Mark Twain
The free market ALWAYS works...if it exists.
The problem with a free market isn't that it doesn't work, but that it's fragile.
As soon as one company gets big enough to push everyone else around, it is by definition not a free market anymore.
Most "market failures" actually start happening when the market's "freeness" goes away.
And that even with a 6 figure income you're looking at 6-12 months of "credit building" before you can qualify for a cheap car loan without being raped on interest rates.
Can I have a $30,000 loan? I have a six-figure income, I can even have you meet my employer to prove it. What's that? You don't like giving loans to people you just meet, even if they make $120k a year?
Can I have a $30,000 loan? I have a six-figure income, I can even have you meet my employer to prove it. What's that? You don't like giving loans to people you just meet, even if they make $120k a year?
Yet in many countries (Australia, Switzerland, England, to name the ones I am personally familiar with) you can do just that - simple proof of employment and income is all that's necessary (unless you're self-employed). I had a credit card with a $20k limit within a couple of months of arriving in Switzerland, and the only reason it took that long was the wait for my residency permit to be processed. All they wanted was evidence that I was a legal resident and proof of income. Further, stupidities like a "credit check" with too large an outstanding amount on a card resulting in a loss of "credit rating" were not even a passing concern.
Really, the biggest problem dealing with US banks as a new resident is that anything not American may as well not exist. Five year history with same company ? Tens of thousands of dollars in cash back home ? Existing mortgage with a decade of regular repayments and rental income ? Several existing credit cards ? If you're new to the country it all means diddly squat. You're in the same boat as some random kid just finishing high school who's never had a job - you have to spend 6 months (if you're lucky) to 12 months (more commonly) walking on eggshells. It's ludicrous.
You know, I thought it was once per year per one of the three free sites. Hence, you could do it once every 4 months. Am I wrong?
We don't use cheques, we use checks. I don't particularly care that you need to re-enforce the differences our languages have developed over the years, most of us are aware that we spell somethings different just so its clear we are NOT YOU. Get over yourself.
I bought my first car with a low interest rate and the car cost more than half my yearly salary, it was the first thing I bought on credit. Not really sure what your problem is, but until about a year ago having no credit wasn't really an issue for any one unless you were old enough that no credit meant you had probably had bad credit and waited for the bad stuff to disappear off your record.
I can't believe you people still haven't gotten over yourselves. Keep it up, at least the rest of the world can see where we got our arrogance from that way. By the way, hows' that world power thing going for you now days?
Persistent Volume manager for Kubernetes - https://github.com/dwimsey/openshift-pvmanager
I would prefer that they tossee jingle than catchy it.
"... how I got my knowledge on" (from one of their jingles)
--
Financial advice 60% off.
And thus if you rely on credit you have to modify your behaviour to survive so as to "please" the authorities. One more reason for us all to be permanently in debt.
I always know when I'm in trouble with Amex, as I get strange hang-up calls. I call them up, settle the balance, and the hang-up calls go away. Odd. Later, they offer me a "better" card. Now, I have the super-duper, gold-plated, silver-trimmed version that gives me a million dollar limit. At this point I'm just trawling them along, waiting until I get the billion-dollar limit unobtanium version card after which I'll just say, "Sayonara, suckers!" and get on my spaceship.
With a "6 figure" income you need to borrow money to buy basic transportation?
This has bad decision written all over it, and will only serve to stifle people in the future.
---- Booth was a patriot ----
^ I want a couple ounces of whatever HE'S smoking.
Because you're thinking is as messed up as those folks.
"even with a 6 figure income" -- let's say $100,000 per year; this is only $10K per month of which you'll have only $3K left after taxes, utilities, rent/mortgage, and other non-car-payment bills (even less if you're being smart and putting money away for retirement)
"6-12 months...before you can qualify [for a low-risk loan]" -- $3K times 6-12 months=$18-36K
No shit that when you want a loan for an amount that you won't have for another year or more if you can even manage to keep your job for that whole time you're going to have to pay more to offset the risk that you won't be able to pay back the money.
Now do you see why you're faulty thinking mirrors that of the idiots who took out ARMs on over-priced homes feeling secure that in the future house prices would continue rising unchanged to rescue them?
The problem with a free market is that it never works, because it cannot exist.
That's not only because it's inherently fragile, and will be utterly destroyed as soon as any one entity gets a slight advantage (which given market freedom will inevitably lead to a monopoly), but also because it would require an utterly impractical system of supply and distribution. And, most industries have an inherent barrier to entry, which precludes true market freedom on the front end.
But in the end, unless your going to buy a house or a car you don't really need up to the second data on your report
But in the end, unless you're going to buy a house or a car you don't really need your report at all.
There, fixed that for you.
...because as we all well know, the American economy has absolutely no impact on the world economy at all [coughs].
With a "6 figure" income you need to borrow money to buy basic transportation?
No, I just know that my money can be put to better use than buying a car with cash or sitting in deposit for a secured loan. Particularly in the very expensive first few months of an international move (and especially before I receive my first paycheque).
Dear Sparkfun,
In light of recent events, we're going to totally screw you over now...
--SPARC International
We don't use cheques, we use checks. I don't particularly care that you need to re-enforce the differences our languages have developed over the years, most of us are aware that we spell somethings different just so its clear we are NOT YOU. Get over yourself.
You're the only person here who feels the need to "re-enforce the differences". I write it that way because that's the way I've been writing it for thirty years.
I bought my first car with a low interest rate and the car cost more than half my yearly salary, it was the first thing I bought on credit. Not really sure what your problem is, but until about a year ago having no credit wasn't really an issue for any one unless you were old enough that no credit meant you had probably had bad credit and waited for the bad stuff to disappear off your record.
The problem is when you arrive in the USA, you have no credit. The ridiculous part is where this is inescapably equated with having bad credit.
I can't believe you people still haven't gotten over yourselves. Keep it up, at least the rest of the world can see where we got our arrogance from that way. By the way, hows' that world power thing going for you now days?
Apparently you think I'm British. I'm not.
Is it just me, or does anyone else want to take that singing idiot in their commercials and beat the living snot out of him? Worst-Commercial-Evar
People don't usually have enough pocket change with them to buy a Porsche or a Vette.
Light travels faster than sound. This is why some people appear bright until you hear them speak.........
Maybe they should take away freecreditreport.com's domain away and give it to annualcreditreport.com since it is the place to go to really get your free credit report.
Which country do you suggest for the American debt slave emegrant?
If your take-home pay is >$42,000 a month (very conservative estimate for 1M/year gross), do you really need a car loan?
And if you're in that situation, and you do need a loan, that doesn't speak well for your money management skills. I wouldn't want to loan it to you.
If I can invest money at a higher rate than the interest rate on the car loan, why would I waste the opportunity just to pay cash for a car. As a matter of fact, I would say that doing so would speak fairly poorly of my money management skills.
dom
If your take-home pay is >$42,000 a month (very conservative estimate for 1M/year gross), do you really need a car loan?
A "six figure income" starts at $100,000, not $1,000,000.
And if you're in that situation, and you do need a loan, that doesn't speak well for your money management skills.
With low financing rates like 0% - 2% being quite common, I'd be mad *not* to take advantage of it and use the cash somewhere it would get a better return.
What "scam" ? I'm not aware of any countries where the customer is liable for fraudulent transactions unless they've been grossly negligent (and being grossly negligent with your "checks" won't produce any different result).
Some banks offer the chip and no pin for transactions with a debit card. If someone takes that card they can use it anywhere and drain you account completely and you have no recourse whatsoever.
They'll happily give you a for a high end diesel truck, even if you'll be barely able to pay it off - provided you have a credit history. But if you don't have a credit history, you might as well not exist.
In many places, a chip-and-PIN credit card gives up the "stolen card" protection I'm used to, on the blatent falsehood that someone couldn't use your stolen card unless you told them the PIN.
And there's always a rationalization for living beyond your means, but very few legitimate reasons to get a car loan. The only exception I can see is if you're a taxi driver buying your cab (or owner/operator of a comercial truck or etc) where it's really a small-business loan. Don't have much cash? Drive a crapwagon and save up until you do. Better return elsewhere? Exceedingly unlikely (given you usually have a choice between a below-market interest rate and a significant up-front discount on the car), though I guess there are cases like the now-defunct Saturn, where they negotiated on financing instead of price. But most people can't understand risk-adjusted rate of return, so they borrow money to invest.
Socialism: a lie told by totalitarians and believed by fools.
"The free market ALWAYS works...if it exists."
No, no, no, absolutely not!
It does not always work.
Look up:
Moral hazard problem
Coase theorem (negative externalities in an unowned resource, e.g. the air/environment)
Those two things should be enough to show that the free market doesn't always work. And, of course, there's the problem with monopolies as you said.
-1 disagree is not a modifier for a reason. -1 troll, flaimbait, redundant, overrated are NOT acceptable substitutes.
It's once per year per agency. You can request your information every 4 months from a different agency. Of course, if there's problems on your report that were added right after you checked it, it's impossible for you to see until next year.
Like I said, it's as close to secret as humanly possible.
-1 disagree is not a modifier for a reason. -1 troll, flaimbait, redundant, overrated are NOT acceptable substitutes.