Credit card and insurance companies often use credit data to mail, email, or call prospective customers and solicit their offers. The information is obtained from a person's credit file, allowing the company to determine the credit worthiness of the consumer. This information is then used to make a qualified offer to the consumer.
Consumers have the right to opt-out of such offers and prevent companies from reviewing your
credit data. OptOutPreScreen.com allows consumers to request to be opted out of pre-screened
offers (also known as Firm Offers). You can opt out for five years by using the online tool
or permanently by mailing in the form found on the website.
It should be noted that these inquiries are considered soft and do not have any impact on your
credit score. Detailed information can be obtained from FTC.gov by following this link
http://www.consumer.ftc.gov/articles/pdf-0035-prescreened-credit-and-insurance-offers.pdf
