It’s reported that the larger public credit reporting agencies are collecting data on new credit inquiries, and selling that data to other credit vendors as “trigger leads” — so don’t be surprised if you apply for a refinance of your mortgage, or a new credit card, that you then almost instantly get a flood of sales materials from other companies.

You can, however, opt out of having this information sold. Go to the website OptOutPrescreen.com and within 5-7 days, you’ll start to stop getting so much clutter in your mailbox — AND you might lessen the risk of identity theft.


January 18th, 2008 at 10:27 am | Comments & Trackbacks (0) | Permalink