Protect Your Time, Privacy, and Credit Score

A few years ago, the government set up a "Do Not Call List," where telemarketers were required to stop calling you if you added your phone number to the list or they would be fined. Now the government has set up another list that you can sign up on that is the "Do Not Send Me Junk Credit Card and Junk Mortgage" offers list.

Why do I share this information with you? It's important, I'll tell you why. The big 3 credit bureau's, Trans-union, Equifax, and Experian credit bureaus sell your credit information to credit card companies and mortgage companies without your permission. You then get all of that junk mail tricking you into thinking they are your current credit card company or mortgage company. There has been a big push to get these companies to stop this invasion of your privacy. The credit bureaus are fighting it because they get big money for selling your private credit information without your permission.

So far, the only way to force them to stop selling your information to all of those strangers is for you to tell them not to. They have created a link for you to do this which is: www.optoutprescreen.com.  When you go to the website, choose the 5 year opt out.

As a side benefit, this action will actually raise your credit score because the credit bureaus computer system sees this as a responsible thing to do, thus raising your score. When it comes to buying a house your credit score has a big impact on the interest rate of your mortgage and if you can even get a mortgage.

Don't forget to share this information with your friends, they'll thank you for it!