Refunds for One Technologies’ not-so-free credit scores
The FTC will be refunding nearly $20 million to people who were misled by One Technologies about getting “free credit scores” that weren’t so free. The money comes from a 2014 settlement with One Technologies. According to the FTC, the company misled people by advertising free credit scores without making clear that people would be enrolled in a credit monitoring program — and charged $29.95 per month.
The FTC is mailing checks this week through the refund administrator Analytics, LLC. The FTC previously mailed claim forms to people who were charged for these credit monitoring programs. To get a refund, they had to return their claim form before the deadline. Check values range from $90 to $150, depending on how much money each person lost. Anyone who gets a check has 60 days to deposit or cash it.
If you have any questions about your refund, call 844-828-4441, or visit the FTC’s One Technologies refunds page. And remember, the FTC never requires people to pay money or give personal information before they cash a refund check.
To learn more about credit reports and credit scoring, check out our articles on Credit & Loans.