Online Calculator | Stop Identity Theft With A Call To 888-5-OPTOUT

Stop Identity Theft With A Call To 888-5-OPTOUT

When you 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. By calling 888-5-OPTOUT (1-888-567-8688), U.S. consumers can opt out of pre-approved credit card offers with the three major credit bureaus: Equifax, TransUnion and Experian. This is great in case you are trying to rebuild credit without emergency cash loans or even if you’re just trying to keep identity theft out of reach. Post resource – Calling 888-5-OPTOUT can save you from identity theft by Personal Money Store.

888-5-OPTOUT can make credit card offers disappear

Call 888-5-OPTOUT if you’re sick of all the direct marketing lists that seem to hound you daily. No more credit card offers and no more advertisements for credit products via postal mail will show up. Call from your home phone line and be prepared to give your Social Security number. If the prospect of revealing those digits worries you, put your mind at ease – the service is recommended by the Federal Trade Commission.

If you prefer, send a letter

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. All of these three credit bureaus have to get letters:

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

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 details. 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 was not. There wasn’t any point in this controversy. The take-away here is that 888-5-OPTOUT is a useful tool for consumers. You might not need a bad credit score loans if you can stay away from identity theft and credit card traps.

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”>Federal Trade Commission

Privacy Rights

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

Opt out of junk mail

youtube.com/watch?v=gjbPo1diCKo

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