Your information ... a hot commodity Having your credit checked is an important and necessary step in the home buying process. But very few people realize that each time their credit is checked, the "inquiry data" that the credit bureaus (Equifax, TransUnion, Innovis or Experian) have on file have now become a commodity. This information is being sold by the credit bureaus to other lenders...and also to companies that sell and resell the same names and personal information.
That's right - the credit bureaus have found a way to increase their revenues at your expense....and without your permission. These "inquiry leads" include name, address, phone numbers (including unlisted), credit score, current debt and debt history, property information, age, gender and estimated income. They are marketing personal, confidential information to competing creditors...and making millions. Your privacy is being sold, not just once, but over and over again - legally!
The consumer credit reporting industry has provided a way to "opt out" and remove your name from these lists. You can contact them by phone at 1-888-567-8688or online at www.optoutprescreen.com. The good news is by opting-out you can make it stop right away and protect yourself from "pre-approved credit offers" arriving via mail, which is one of the leading causes of identity theft in the US.
Take your privacy back! Take five minutes right now and opt out.
By Phone: 1-888-567-8688
By Internet: http://www.optoutprescreen.com/
For free information on how to raise your credit score (really, it's free - no purchase necessary) please call me.
Make it a great day.
Joe
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