'Free Credit Score' Company Tries To Unmask Anonymous Blogger; Sues Wikipedia
from the bait-and-switch? dept
You may recall last month that Ben Stein was fired from the NY Times after it was revealed that he was pitching "free credit reports" under the brand FreeScore.com, from a company, Adaptive Marketing, whose parent company, Vertue, has a reputation for figuring out ways to make those credit reports not so free. Reuters' Felix Salmon helped expose this in a blog post entitled Ben Stein, predatory bait-and-switch merchant. An pseudonymous blogger under the name flaneur de fraude linked to Salmon's post, and quoted the "predatory bait-and-switch" part.Adaptive Marketing didn't go after Felix Salmon for that phrase... but it did go after this anonymous blogger, starting pre-litigation discovery to try to unmask who it is. Perhaps that's because in the blog post agreeing with Salmon, the blogger detailed a rather long and detailed list of instances where Adaptive Marketing's parent company, Vertue, has gotten in trouble for shady practices involving getting recurring charges onto users' credit cards. Among the links on the blog? One to Vertue's Better Business Bureau rating, where it has a solid "F." Paul Alan Levy, who alerted us to this story and is representing the blogger, notes, "When even the Better Business Bureau disses a company, you know there must be a big problem." Levy continues:
Although the burden on a defamation plaintiff would be to prove falsity, in this case, of course, it is hard to believe that what the blogger said isn't true. Instead of just getting a credit score, consumers are entitled to obtain their entire credit report free of charge at the government-mandated web site annualcreditreport.com. And the ads in question solicit telephone calls in which the service of credit monitoring is at best hawked, and at worst, as many consumers have complained, slipped in -- it remains to be seen which is true. Such services "are often overrated, oversold, and overpriced." But regardless of whether the services are worthwhile, and whether they are charged to consumers' credit cards after a genuine consent, "bait and switch" seems to be a fair characterization of what Adaptive is doing.The WSJ's takedown of the company is pretty thorough. The Washington Post article is actually from a few years ago.Adaptive and Vertrue have been similarly criticized in the Wall Street Journal, Washington Post and New York Times, but it doesn't claim defamation by companies that can afford to defend themselves. So Adaptive's suit seems to be just the latest in a long line of cases in which companies that don't want to be criticized seek to cleanse their reputations through subpoenas sent as a means of intimidation to those who may not be able to defend themselves. It remains to be seen whether the Streisand effect gives them second thoughts
In the meantime, the blogger in question is is pointing out both that Vertrue is also going after Wikipedia (good luck with that) and is now dealing with a Senate subpoena. Perhaps threatening an anonymous blogger for pointing out some questions about the company's past isn't such a wise move. It only seems likey to draw just a bit more attention to these questions than if the company had just left things alone. Or... even better... cleaned up its act.
Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
Filed Under: anonymity, bait and switch, ben stein, credit reports, free credit reports, free speech
Companies: adaptive marketing, freescore.com, vertue
Reader Comments
Subscribe: RSS
View by: Time | Thread
Analyzing Comments....
HAHAHAHAHAHAHAHAHAHA
[ link to this | view in chronology ]
Re: Analyzing Comments....
[ link to this | view in chronology ]
[ link to this | view in chronology ]
Editor in the house?
"is is"?
[ link to this | view in chronology ]
Re: Editor in the house?
[ link to this | view in chronology ]
[ link to this | view in chronology ]
Re:
I find the inherent logic fail in your comment delicious....
[ link to this | view in chronology ]
Re: Re:
[ link to this | view in chronology ]
[ link to this | view in chronology ]
Re:
Pitching eye fluid seemed to be working out for him, I guess not.
[ link to this | view in chronology ]
Re: Re:
[ link to this | view in chronology ]
Hawking this and that.......
[ link to this | view in chronology ]
A small rant against credit agencies
Sometimes, I wondered how these institutions worked, and what marketing-pertinent information was sold to cover the development, management, and employee salaries to allow such a website to exist.
However, buried in the terms and conditions, people's information was used, abused, and provided to third parties. Part of these fly-by-night operations was perhaps due to the difficulty of procuring a copy of a credit report exasperated by Experian/TRW/Eqifax.
But lo-and-behold, small companies showed up who knew how to get a copy of a credit report. Their price? Your privacy. And by privacy, I mean that many of these companies shared your credit information with other companies.
Did you get a free credit report and your credit score above 700? Well, many of these unscrupulous companies would share your information with a third party according to their terms and conditions.
But companies such as Adaptive Marketing are the least of our worries.
Let me introduce you to a little outfit called Experian. Experian is the worst of the worst. You may recognize Experian as the company with the obsessant ads and has the guy with the banjo, FreeCreditReport.Com.
I am convinced that Experian is the worst company on the face of the planet and has literally no regard for anything other than profit.
Let me explain:
Recently, Experian acquired a company called Talix, which owns "TheWorkNumber". TheWorkNumber is a service company that positions itself as an outsourced HR service company that does things such as background checks, credit checks, and even mails W2 forms for around 70+% of the Fortune 1000.
Many companies choose to use TheWorkNumber because it simplifies HR costs, and when a company needs to verify employment, it shifts costs from an HR expense to a requester expense, as requests have to be paid by the requestor. TheWorkNumber collects somewhere around $5-15 per unique SSN.
Information TheWorkNumber provides includes SSN verification, address, date of hire, date of termination, salary, last title, and any other recent pings to your credit report by third parties.
Many of these sound like reasonable services to HR folks prior to interview, right?
Well, recently, Experian's Richard Heath, that last month claimed his highest collegiate level of attainment was in Florida, owns a business within Experian to market your private information to collection agencies under a new program called "Go Collect".
Now there are multiple problems with this. Experian seems to have taken liberties with it's original business charter to include marketing all of Experian information to bill collectors.
If you're like me, and tend to work for Fortune 1000 companies, TheWorkNumber has all your information available.
So hear this, Richard Heath, Senior Credit Risk Consultant at Equifax, class of 1988 and member of Theta Chi Fraternity:
Richard, your little playground pushed me into Chapter 7, and if I ever, ever, ever, run into you, I will kick your ass like the little pussy you are and fully pay for Dave Ingram's plane ticket so he can watch.
...and you call yourself a credit and risk consultant.
Fuck you.
[ link to this | view in chronology ]
Re: A small rant against credit agencies
When this proverbial asskicking occurs, I'm also going to ask Kenneth Chenault, Jamie Dimon and Tim Geithner be in attendance.
Vikram Pandit may want to be there, but for reasons unknown, he may not be able to attend.
Why? Because you've desecrated your family name.
[ link to this | view in chronology ]
Re: A small rant against credit agencies
[ link to this | view in chronology ]
Re: Re: A small rant against credit agencies
Countersuit is waiting.
[ link to this | view in chronology ]
Re: A small rant against credit agencies
See:
So a hearty thanks to Experian for allowing me to check the backgrounds of many people I know (with permission, of course) so we know what you report.
Does everyone know what you say?
[ link to this | view in chronology ]
Re: Re: A small rant against credit agencies
btw it equifax, not experian
[ link to this | view in chronology ]
Should I love this website or not?
It's a good thing that I have the time to waste on this beautiful Friday afternoon.
Why Vertrue is suing Yahoo boogles my mind as this will become much worse for them with a ThomsonReuters columnist writing about it.
[ link to this | view in chronology ]
Where are my Royalty Payments?
If we apply the logic of the MPAA/RIAA/Associated Press regarding the use of data that they claim to own, we should be getting a royalty payment each time these credit companies use our "private" data. If it is OK for these firms to privatize our data for their benefit, then there is nothing wrong for us in using data that is freely available.
[ link to this | view in chronology ]
[ link to this | view in chronology ]
Oh my!
[ link to this | view in chronology ]
freescore.com made $60 in unauthorized credit card charges against me and I had to cancel my Bank of America credit card in order to stop the abuse.
Thanks, Bank of America, as well, for the execellent, helpful service in your fraud department.
The best advice for those who are want to get the best out of the credit industry: don't use credit cards.
[ link to this | view in chronology ]
Freescore
http://www.classadvocate.com/admin/admin.php#iDetail1577-2
[ link to this | view in chronology ]
freescore.com
[ link to this | view in chronology ]