If you recently received your bankruptcy discharge, you probably are very surprised by the number of credit card offers that you are now receiving in the mail. The reason is that credit card companies have identified you as a prime candidate for its particular credit offer. Credit card companies have purchased your name from one of the credit reporting agencies after you met its criteria. If you are overwhelmed by the number of offers or do not want to be tempted by the offers, you can stop these offers from being mailed to you for five years or permanently, whichever you desire. How?
The Federal Trade Commission (FTC) has published information on its website how consumers can stop these unwanted credit card offers in the mail. If you wish to opt out for five years, you can visit www.optoutprescreen.com or call 1-888-567-8688. To permanently opt out from these offers, you can visit www.optoutprescreen.com and the return the Permanent Opt-Out election form that will be mailed to you after you start the process online. The consumer reporting companies operate this website and toll free number.
The FTC outlines that you will have to disclose some personal information to opt out of the offers. The personal information may include your date of birth, social security number, name and phone number. The website is a secure website meaning that when you visit the site and begin the opt-out process, you should note the web address has https in front of it indicating that secure information may be transmitted with this website. Since this is the only website you can use to opt-out of pre-screened credit card offers, you do not want to give out your personal information to a bogus website if you happen to mistakenly type the website address.
It is important for you to know that opting out of these credit card offers will NOT impact your credit score. Also, if you later desire to receive these offers, you can always change your mind and call the toll free number or visit the website above to change your status.