It can be hard enough for adults to resist the steady stream of tempting junk mail solicitations offering easy credit.So imagine what it must be like for a 21-year-old to fend off the mailbox pitches for plastic, especially if he's not mature enough yet to handle credit and is already prone to making unwise choices with money. Nothing like an invitation for a credit card-fueled buying binge.In such situations, wouldn't you like to stop companies from sending unsolicited financial offers for credit cards and even insurance?That's the idea behind OptOutPrescreen.com, a website operated by four of the major credit reporting agencies - Equifax, TransUnion, Experian and Innovis.Either way,Much of what's being produced can only be read electronically obd2
. the process takes about five minutes to complete. OptOutPrescreen requires some personal data: your first and last name, your mailing address and your Social Security number, which it encrypts for security.Adrienne Eppner gets what she refers to as a self-diagnosed case of “challenge mode gold
.”Consumers have two choices - free,as well as hosting the Art+Film Gala for the Los Angeles County Museum of China Zirconia Oxide Ceramics Manufacturers
, of course - if they want to have their name removed from marketing lists sold by the credit reporting agencies to credit card companies. You can choose to opt out for five years or permanently. If you decide to opt out permanently, you're also required to sign and return an opt-out form.Keep in mind that at any time you can also opt in to receive offers again.Will opting out impact your credit score or other aspects of your finances? The answer is no, according to the credit rating agencies. Nor will removing your name from solicitations affect your future ability to apply for and receive plastic.While OptOutPrescreen is the best way to limit credit card solicitations, it does not stop them all, said Jody Farmer, a vice president at CreditCards.com, a consumer-oriented website.For example, your 20-something student could still get solicitations from his bank trying to promote a new card, or because he's enrolled in an airline frequent-flier program or a retailer's rewards program.