You’ve probably seen the ads all over Web sites and on TV for “Free Credit Reports.” Most of them are bogus and Experian, one of the three credit bureaus, recently got its wrist slapped for this very thing. Experian was offering “free credit reports online in seconds,” but the company was actually ripping people off for $79.95 each time. By opting for the “free report” people also signed up for an annual credit monitoring service. The company made off with about $80 million, but it’s only being fined about $1 million. That’s pathetic. There is only one legitimate site that offers free reports with no strings attached. It is annualcreditreport.com and it was designated by the federal government after the law making credit reports free went into effect. It started last year in the West, and effective Sept. 1, everyone in America will be able to get one credit report a year FOR FREE! In Georgia, people can see reports from each bureau twice a year. Shame on Experian for trying to dupe people, when the organization is supposed to be a legitimate credit bureau.