How to Deter Unsolicited Credit Offers
The following is summarized from “Prescreened Credit and Insurance Offers”: posted on the Federal Trade Commission (FTC) website: https://www.consumer.ftc.gov/articles/0148-prescreened-credit-and-insurance-offers
- Creditors and insurers may use information from your credit file to send unsolicited offers of credit to you. This practice of soliciting potential customers is known as “prescreening”.
- Consumers can “opt-out” of receiving these offers for five years, by calling a toll-free number: (888) 567-8688 (1-888-5-OPTOUT) or visit www.optoutprescreen. The number is operated by four major credit bureaus: Equifax, Experian, Innovis and Trans Union.
- by accessing the OptOutPrescreen.com website: (www.optoutprescreen.com/?rf=t) Once you complete the opt-out process, you will be excluded from the credit bureaus’ preapproved credit offer mailing lists. However, you may continue to get marketing mail from companies who do not use credit bureau data to compile lists.
- This practice will not prevent credit bureaus from releasing credit information. The Fair Credit Reporting Act allows credit information to be released only to people with a legitimate business need. As examples, a company can obtain a credit report if you apply for credit, insurance, employment or to rent an apartment.
TO FIND PROVIDERS IN CONNECTICUT’S COMMUNITY RESOURCES DATABASE:
Search by service name: Unsolicited Advertising Opt Out Assistance
SOURCES: Agency listings in 2-1-1 database; Federal Trade Commission website
PREPARED BY: 211/pt
CONTENT LAST REVIEWED: June2018