Do you receive a Pre-Approved Credit Card offers in the mail? People will get Pre-Approved offers from occasionally to daily… unfortunately, I’m one of those people who seems to receive credit card offers in the mail DAILY! I’ve come to learn that these preapproved credit card and insurance offers that come in the mail are one of the key ways that people become the victim of identity theft. Thankfully, the Federal Trade Commission has gotten involved and has given us a way to stop the junk mail. Let’s be honest here… I’m tech savvy, if I want a new credit card, I’m not going to reply to one or all of the 10+ offers that I get each week. I’m going to go online, probably to Google, and search for a credit card that fits the criteria that I’m looking for.
According to the Fair Credit Reporting Act (FCRA) of 1970 as amended in 1996, the four major credit bureaus have the right to sell your information to companies that want to offer you a credit card. Fortunately, the amendment also stipulated that credit bureaus must provide a way for consumers to have their names excluded from pre-approval lists. If you’re a United States citizen sick of getting pre-screened credit card offers, this article will show you how to avoid receiving them.
Many companies that solicit new credit card accounts and insurance policies use prescreening to identify potential customers for the products they offer. Prescreened offers — sometimes called “preapproved” offers — are based on information in your credit report that indicates you meet criteria set by the offeror. Usually, prescreened solicitations come via mail, but you also may get them in a phone call or in an email.
Prescreening cannot hurt your credit score, but it can become a big detriment to your mailbox (and even your mailman)… Imagine how much less weight your mailman would have to lug around if there were no more prescreened or preapproved credit card offers sent through the US Postal Service?
Have a got your attention? Do you want to get your name removed? Continue on to read the next page and find out how – best of all, its free, its easy, and it works!