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For those who have gone bankrupt recently, you may be getting a lot of pre-approved credit offers within the mail. There doesn’t have to be all the customers given to the “buy now, pay later ” philosophy. Call 888-5-OPTOUT (1-888-567-8688) and you will be safe from Equifax, TransUnion and Experian in their offers. This is beneficial not only for consumers planning to rebuild their credit without the need for emergency money, but for many who would prefer to give perpetrators of identity theft less ammunition.

888-5-OPTOUT sweeps the credit card offers away

All the direct marketing coming to you each day can be stopped with 888-5-OPTOUT. No more credit card offers and no more advertisements for credit products via postal mail will show up. You will have to give your social security number from your home line. Most are concerned about giving out special details like this, although you are safe since the Federal Trade Commission suggests it.

Letters are another way

Similar to the 888-5-OPTOUT telephone option, consumers can opt-out of pre-approved credit offers and related advertising via mail. An example letter looks like this. Make certain that your request is sent to all 3 credit bureaus:

Options Equifax, Inc. P.O. Box 740123 Atlanta, GA 30374-0123 Experian 901 West Bond Lincoln, NE 68521 Attn: Consumer Services Department TransUnion Name Removal Option P.O. Box 505 Woodlyn, PA 19094

Past confusion over 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. According to Privacy Rights Clearinghouse, this muddles elements of two federal laws, the Financial Services Modernization Act and the Fair Credit Reporting Act. Essentially, the confusion comes down to whether 888-5-OPTOUT was actually connected to the former of the above laws, which it wasn’t. Thus, the controversy was somewhat minor. The take-away here is that 888-5-OPTOUT is a useful tool for consumers. You might not need poor credit loans if you are able to keep away from identity theft and credit card traps.

Find more details on this subject

CBS Money Watch

moneywatch.bnet.com/saving-money/blog/devil-details/privacy-pirates-7-ways-to-hide/2702/

FTC

ftc.gov/privacy/protect.shtm”>Federal Trade Commission

Privacy Rights

privacyrights.org/ar/optout_truth.htm”>Privacy Rights Clearinghouse

Opt out of junk mail

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Tags: emergency loans, 888 5 OPTOUT, credit cards

Tags: 888 5 OPTOUT, credit bureaus, credit cards, emergency loans