Wednesday, September 06, 2006

Stop the Credit Bureaus from Selling your Personal Information

Consumer Beware!

Welcome to the new information age! We are blessed with abundant information readily available in just a few key strokes away. On the flipside of the coin, we are cursed with having to take extra steps of precaution to protect our identity and privacy!

Have You Ordered Credit Report Lately?

Your name, address, credit score and even 7 digits of your social security number can be sold by a credit bureau immediately upon receiving an inquiry on your profile!

Under the Fair Credit Reporting Act, Equifax, Experian, Innovis, and TransUnion are permitted to include an enormous amount of your consumer information on databases they sell. This information can be sold immediately to any business willing to pay for it. Are you comfortable with that? Who knows what kind of security measures those companies who buy your private information make to protect YOU? As identity theft is quickly becoming one of the most common crimes in our country, we should be concerned.

The only way to avoid the sale of your personal information is to officially OPT-OUT by calling toll free 1-888-567-8688 or visiting www.optoutprescreen.com and following the instructions to do so. When you get to the website, you will choose to do one of three things (1) opt-in to the program (if you previously opted out, you can opt-in), (2) opt-out for a period of 5 years, or (3) opt-out permanently. The website is maintained by the credit bureaus and has a "sales pitch" giving you all the reasons why you shouldn't opt-out, but you can and should if you do not wish to have your consumer information sold.

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