Calling 888-5-OPTOUT may just save you from getting your identity stolen

For those who have gone bankrupt just lately, you may be getting a lot of pre-approved credit offers in the mail. The lure of “buy now, pay later ” has ensnared numerous American consumers, but it doesn’t have to be that way. Call 888-5-OPTOUT (1-888-567-8688) and you’ll be safe from Equifax, TransUnion and Experian in their offers. Anyone hoping to make it extremely hard for identity theft to work and also anyone who needs to rebuild credit without emergency cash loans will really need this.

Using 888-5-OPTOUT to make credit card offers stop

888-5-OPTOUT calls help any person who needs to stop all of the direct marketing that comes their way. The mail won’t bring you offers for credit products such as credit cards any more. You will have to give your social security number from your home line. The Federal Trade Commission has recommended this meaning it is safe to give out these numbers.

Letters are an additional way

Similar to the 888-5-OPTOUT telephone option, consumers can opt-out of pre-approved credit offers and related advertising via mail. Here’s a sample opt-out letter. 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

Why many were previously confused with 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. As outlined by the email, info would be given to “anyone who requests it” unless you opted out with the number. The Financial Services Modernization Act and the Fair Credit Reporting Act would both be violated if this happened, reports Clearinghouse. Many were confused wondering if 888-5-OPTOUT is part of this, although it isn’t. There wasn’t any point in this controversy.

888-5-OPTOUT could be really helpful for the users using it. Avoid the credit card trap, stay away from identity theft and maybe you’ll be in a position where you won’t need bad credit loans.

More on this topic

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