If you want to avoid receiving pre-approved credit offers, also known as “prescreened” or “pre-screened” offers, there are a few ways you can opt out. Opting out means removing your name and personal information from the lists that creditors and insurers use to send you these offers for credit or insurance. These offers are typically based on the information in your credit report and can potentially lead to identity theft if they end up in the wrong hands.
To opt out of these offers, you have several options available:
1. Online Opt-Out: You can go to the official website of the Consumer Credit Reporting Industry at optoutprescreen.com. This website provides a centralized service that allows you to electronically opt out of receiving pre-approved credit offers. You’ll have the choice to opt out for either five years or permanently.
2. Phone Opt-Out: Alternatively, you can choose to opt out by calling the toll-free number 1-888-5-OPT-OUT (1-888-567-8688). This number is provided by major credit reporting agencies specifically for opting out of pre-screened offers.
3. Mail Opt-Out: If you prefer, there is an option to fill out an Opt-Out Request form either on the same website or by calling the toll-free number mentioned earlier. Once you complete the form, you can send it by mail to the address provided.
4. Online Accounts: Some credit bureaus also provide the option to create an online account where you can manage your preferences for opting out through their websites.
5. Permanent Opt-Out: If you select the permanent opt-out choice, a “Permanent Opt-Out Election” form will be sent to you via mail. You will need to fill out and return this form in order to fully complete the opt out process.
Keep in mind that choosing to opt-out of pre-approved credit offers may result in fewer credit and insurance offers coming your way, but it can also reduce the risk of identity theft and unwanted solicitations. This is a personal decision that should be based on your own financial needs and preferences.
Please be aware that procedures and contact information may change over time, so it’s advisable to verify the latest instructions from official sources before proceeding.