Pre-approved credit offers no doubt litter your mailbox, particularly if you’ve just lately had a bankruptcy discharged. There doesn’t have to be all the customers given to the “buy now, pay later ” philosophy. Pre-approved credit offers will go away with Equifax, TransUnion and Experian by simply calling 888-5-OPTOUT (1-888-567-8688). This is great in case you are trying to rebuild credit without emergency loans or even if you’re just trying to keep identity theft out of reach.
No more credit card offers with 888-5-OPTOUT
Call 888-5-OPTOUT if you’re sick of all the direct marketing lists that seem to hound you daily. You won’t get credit card offers or advertisements for credit in the mail any longer. Your home line is needed and your social security will be asked for also. Many are concerned about giving out special information like this, although you are safe since the Federal Trade Commission suggests it.
You can instead send a letter
You don’t have to call 888-5-OPTOUT when there is also the option of sending a letter. . Make sure that your request is sent to all three credit bureaus:
Options
Equifax, Inc.
P.O. Box 740123
Atlanta, GA 30374-0123Experian
901 West Bond
Lincoln, NE 68521
Attn: Consumer Services DepartmentTransUnion
Name Removal Option
P.O. Box 505
Woodlyn, PA 19094
Being confused about 888-5-OPTOUT
Several years ago, there was a widespread e-mail message that extolled the virtues of 888-5-OPTOUT, but it did so with erroneous info. According to the email, info would be given to “anyone who requests it” unless you opted out with the number. The Financial Services Modernization Act and also the Fair Credit Reporting Act would both be violated if this happened, reports Clearinghouse. Numerous were confused wondering if 888-5-OPTOUT is part of this, although it isn’t. There wasn’t any point in this controversy.
888-5-OPTOUT can be really helpful for the users using it. Now you at ease avoiding credit cards traps and identity theft, ahs you may even stay away from bad credit loans through it all.
Additional reading
CBS Money Watch
moneywatch.bnet.com/saving-money/blog/devil-details/privacy-pirates-7-ways-to-hide/2702/
FTC
ftc.gov/privacy/protect.shtm
Privacy Rights
privacyrights.org/ar/optout_truth.htm
Opt out of junk mail
youtube.com/watch?v=gjbPo1diCKo
