Credit agency center’s online rental scam

Renting a condo online? First, without a doubt concerning the FTC’s situation against Credit Agency Center, LLC – a business that published fake online rentals to lure individuals to their credit monitoring sites. 

Credit agency center’s online rental scam They lead you to their

So how exactly does this scam work? You’re searching at photos of rentals, on the site like Craigslist. You email the dog owner who states the apartment continues to be available but you’ll need a credit assessment before seeing it. They lead you to their personal websites, which say you’ll obtain a free credit score. 

What you do not know is: The ads are fake and also the credit history isn’t free. The qualities don’t exist or fit in with individuals that haven’t approved them being marketed. When you attend get the “free” credit history, you’re signed up for a credit monitoring service (according to hidden terms and conditions) and billed $29.94 monthly, unless of course you cancel within a week. 

The Federal trade commission had a order from the court against Credit Agency Center LLC, halting their scam. Why? The organization lied by saying qualities were available when they weren’t. Also, Credit Agency Center didn’t clearly tell people these were being signed up for a credit monitoring service having a fee every month.

If you are renting and wish to avoid a gimmick, listed here are a couple of tips:

  • Don’t wire money to pay for a burglar deposit, application fee or first month’s rent. Wiring cash is like delivering cash – when you send it, you cannot have it fixed.
  • Don’t pay prior to signing a lease. Before having to pay, go to the apartment (or ask someone you trust to go to it).
  • Obtain a truly free credit score from or 1-877-322-8228. Look at your credit before you apply to book, so that you can fix errors before a landlord sees them. For additional tips, read Renting a condo? Be ready for experience check.

Want to understand more about staying away from scams such as this one? Take a look at Rental Listing Scams. Think you have been the victim of the online rental scam? Report it towards the Federal trade commission.

Resourse: https://consumer.federal trade

I-Team: Avoid the Latest Home Rental Scam