Why You Should Opt-Out

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What does Opt-Out mean? Opting out simply gives you more control over your personal information and what can be shared.
I recently became a victim of identity fraud when someone illegally obtained access to my checking account and debit card information electronically. So this subject has become increasingly important to me. Luckily, I was able to catch the fraud quickly. However, I still had to close my account, open a new account, and get a new debit card. And just when I thought the fraud issue was behind me,  I learned of a new possible threat through Anthem.
Did you know that according to a recent Javelin Strategy & Research Study, in 2013, there was a new victim of identity fraud every two seconds?
Opting-out can not only protect you from  identity theft or fraud, but can prevent you from being bombarded with those less than favorable, yet tempting solicitations and calls. If you haven’t taken the time to really research the type of debt you want or need, you could end up signing up for something you may regret later. Review your credit reports and scores, and look at your financial ability to repay the debt. Odds are, the offer you just received probably isn’t the best you can get. I’ll be honest, not having to sort through a ton of solicitations makes going through my mail much less time consuming and I certainly don’t miss those telemarketing calls either.
If you are not sure what steps to take, here are several ways you can OPT-OUT:

  1. Credit Bureaus: The national credit bureau offers a toll-free number that enables consumers to opt-out of all pre-approved credit offers with just one phone call. (888) 5-OPTOUT (1-888-567-8688)
  2. Department of Motor Vehicles: The Driver’s Protection Act gives you privacy rights with regard to information maintained by the DMVs. A recent Amendment to the law now prohibits a DMV from distributing your personal information for other types of uses, including direct marketing, unless you give them permission. Contact the DMV in your state for more information.
  3. Direct Marketing Association:  Offers mail, telephone, and e-mail preference services, which allow you to opt-out of direct mail marketing https://www.dmachoice.org/static/learn_more.php and/or direct e-mail marketing https://www.ims-dm.com/cgi/optoutemps.php from many national companies. For questions call (212) 768-7277 extension 1888.
  4. F.T.C.’s National Do Not Call Registry Allows you the option to opt-out of receiving telemarketing calls to your home or mobile phone. Call (888) 382-1222 from the phone number you want to register or visit www.donotcall.gov.
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