Why do people waste money with the online credit reports

A question about : Why do people waste money with the online credit reports

I dont understand why people waste money on monthly subscriptions for various credit reference agency when you can get the report anytime for Ј2.00 by post

It makes no sense......

You know what people say about fools and their money!!!

Best answers:

• If you're about to make a major application it doesn't hurt to have constant access to make sure everything is in order.
  Or in my case, I recently signed up for free trials with equifax and experian and found a long line of incorrect missed payment markers spanning back 18 months. Complained to the bank, got them removed and got compensation by way of apology. It was good to have access so I could actually see they had been removed.
• Free trials are one thing
  They are free, so its a good thing,
  If you make a mortgage app you dont need constant access, just a quick check before you apply and thats it
• Each to his own dude! In some cases it's good to pay for their service!
• I pay for mine. As I want to know everything is fine. There is no errors, negative information or ID fraud. As any adverse credit history would cause me a whole heap of poop. Peace of mind.
• If you've ever had your identity stolen you might not be so quick to dismiss credit reports, which also show any credit checks (applications for credit in other words, including cards, mobile phones, hp etc) made in your name. Experian sends an alert every time one is made. And before you think I've been dippy with my details, the Alliance and Leicester opened three on line accounts for some fraudster with only my name and address as identification - wrong date of birth, wrong length of time at address etc.
  Other than the above reason and checking your credit score (not the same thing as a credit report) before applying for a mortgage I don't really see the point of people using them either.
• I quite like using Experian, I see the fee as a payment for financial advice. Although I tend to not leave the contract running - I quite like having access for three months and then cancelling for six, that way any changes have had a chance to take effect I then go back, give them a ring and see what to do next in a manner of speaking.
  yes I could get this cheaper other ways but it works for me and I feel is money well spent - surely that's what it's all about, personal value is different from person to person
• When you're sorting out your credit file it can be useful to have access to the data. Not worth paying for the score though.
  Pity Experian will only let you subscribe at the top level with their useless score included. Better to just offer the data.
• You'll find the Majority of people who check their credit reports on a weekly basis are those who are not doing it for identity checks nor are they looking if something's wrong.These type of people check if there's any change on their meaningless scoring.
  You don't need to check your reports on a regular basis its just silly unless you're going to throw an application somewhere where this only needs to be done once.
  Every Ј14.99 monthly subscriber are what I call score addiction members who most probably have shot to bits credit files but will continue to rely on CRAs scores.