Advertisement
credit & debt

How to Opt Out of Credit Card Offers

[Question]I recently received a credit card offer in the mail that listed a web address where I can request to opt out of all prescreened credit card solicitations.

Question: I recently received a credit card offer in the mail that listed a web address where I can request to opt out of all prescreened credit card solicitations. Is this legitimate? - R.L., Falls Church, Va.

Answer: Yes. The site, optoutprescreen.com, is run by the major credit bureaus. Opting out of prescreened card offers makes it less likely that an ID thief will intercept them and take out credit in your name.

You can opt out for five years electronically or by phone (888-567-8688), or you can mail in a form to block prescreened offers permanently. (You may still receive offers from companies you currently do business with.)

Advertisement - Article continues below

Paul Stephens, director of policy and advocacy for the Privacy Rights Clearinghouse, suggests signing up for the service and shredding unused offers. If you have elderly parents, help them opt out, too. And if you miss hearing about card deals, you can opt back in.

Advertisement

Most Popular

What Are the Income Tax Brackets for 2020 vs. 2019?
tax brackets

What Are the Income Tax Brackets for 2020 vs. 2019?

The IRS unveiled the 2020 tax brackets, and it's never too early to start planning to minimize your future tax bill.
June 20, 2020
Tax Changes and Key Amounts for the 2020 Tax Year
tax law

Tax Changes and Key Amounts for the 2020 Tax Year

Americans are facing a long list of tax changes for the 2020 tax year...and it's never too early to start thinking about next year's return.
June 22, 2020
10 Tax Breaks for the Middle Class
tax deductions

10 Tax Breaks for the Middle Class

Tax breaks aren't just for the rich. There are plenty of them that are only available to middle- and low-income Americans.
June 30, 2020

Recommended

52 Super Deals and Discounts for 2020
spending

52 Super Deals and Discounts for 2020

With a special nod to those of you spending more time at home, we found dozens of deals and discounts, plus ways to save (or make) money.
June 6, 2020
Banks Canceling Credit Cards, Cutting Limits
credit & debt

Banks Canceling Credit Cards, Cutting Limits

If you haven’t used a card in awhile, make a small purchase with it to keep it open. It’s good for your credit score.
June 4, 2020
Milliennials Face Their Second Recession
credit & debt

Milliennials Face Their Second Recession

Forty percent of millennials say the pandemic will likely cause them to delay payments on their debts. Does that include you? Time to take action.
June 4, 2020
When Savings Bonds Make Sense
credit & debt

When Savings Bonds Make Sense

Series I savings bonds are safe options, but don’t go all in.
June 3, 2020