Stop the Flood of Credit Card Offers
The unwanted mail of one person can be another’s treasure, but if you’re tired of credit card offers piling up in your mailbox, there’s an easy way to stop them.
Credit card companies use information from your credit report to “prescreen” or “preapprove” individuals. The information they use comes from credit bureaus.
The three major credit bureaus – Equifax, Experian, and TransUnion – have a website and a phone number to help you opt out of these credit card offers.
Here’s what to do:
- Visit Optoutprescreen.com or call 1-888-5-optout.
- Provide your name, address, Social Security number, and date of birth, and you will stop receiving credit card offers for 5 years.
You can make the change permanent by signing a form and mailing it in.
Consider this: Before deciding to opt out, you might want to consider the benefits of these offers. These include access to easy credit and special deals.
You also limit your options and could miss learning about a company or product you weren’t aware of.
Of course, if you opt out, you’ll cut down on clutter and won’t be tempted to add to your debt.