In the United States, the Fair Credit Reporting Act or FCRA allows consumer reporting agencies to include the names of customers, like you, on their lists. Using these lists, the creditors and/or insurers proactively offer you credit and insurance.

Www.OptOutPrescreen.com is the site, where you can log on to opt out for such offers for a period of five (5) years or forever. This site is a joint venture of Equifax, Experian, Innovis and TransUnion – the four credit bureaus, which allows you to opt out of credit card offers and prevents such unsolicited mails in future.

Millions, like you, run the risk of identity theft, when they provide classified information over mail in response to such pre-approved credit card offers. It is even worse, if internet hackers steal your pre-approved credit card email. They can fill up the information as they desire and will get the credit card. After that, any expense incurred on this card will have to be borne by you. To avoid all these unpleasant situations, you can opt out of such pre-approved card offers, through this site.

As per the Fair and Accurate Credit Transactions Act, which amended the FCRA, the consumer reporting agencies, since 1st August 2005, are required to furnish a statement containing the address of this site or the phone number 1-888-567-8688 along with their credit offers. It allows you to stop such unsolicited mails either by logging on to this site or calling up the number. However, it is always advisable to type the address of the site instead of clicking on to a link, since hackers can also forge link, which redirects you to their site.

Website: www.optoutprescreen.com 

Tags: credit cards   Category: Money & Investing