 |
|
||||||||
 |
 |
 |
 |
 |
 |
||||
 |
|||||||||
 |
ALERT:
WHAT’S YOUR NAME WORTH? Your
name is worth everything to you…it’s your identity, it’s YOU.
Here’s breaking news you need to know…and you need to let all
your family and friends know right away as well. Few
people realize that each time their credit is checked, the information
provided to the credit bureaus (Equifax, TransUnion, Innovis or Experian) immediately becomes a
commodity that is sold not only to other lenders but 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 your personal, confidential information to competing
creditors and making millions. Your
privacy is being sold, not just once, but over and over again.
The
lenders that have purchased these leads at a premium will then do
everything they can to recoup their investment and turn a hefty profit. Often,
bait and switch tactics are being used to lure clients away from their
reputable lender. The good news is that you can make it stop! The consumer credit reporting industry has provided a way for you to “opt out” or remove your name from these lists. You can contact them by phone at 1-888-567-8688 or online at https://www.optoutprescreen.com/?rf=t. You must opt out at least 48 hours prior to having your credit checked to make sure it is processed in time. You can choose a five year or lifetime option. The lifetime option does require a signed form. At this time the practice of generating and selling these lists is allowed by the law. If you would like to complain about this or have been targeted after opting out, you can contact the FTC or your state Attorney General's Office. These agencies will investigate reported violations. In most cases, an agency's primary source of information is complaints from the public. As
a consumer, it is your right to shop for the best service and price for
a product, but this should be when and how you want to shop.
These unsolicited marketing tactics are a nuisance and intrusive.
Take your privacy back and refuse to be a part of this system. Print on letterhead and add something here about you and your company. If you deliver this as an emailed report – leave the links as is. If not, change the flyer a bit so it works as a hard copy. |
 |
|||||||
 |
|
|
|
|
|
|
|
|
|
