Consumers that dislike getting pre-approved offers from credit card companies have a valuable tool in their fight. Since 1996, an OPT-OUT solution was established. Experian, Trans Union, and Equifax will not give out credit reports of those consumers that have chosen to OPT-OUT.

Credit reporting agencies allow businesses to prescreen your credit report to determine whether they want to send you a credit card offer. For example, offers from credit card companies that say, "You've been pre-approved," use a prescreening process. If you do not want to allow your credit report to be prescreened, you can now "opt out" of the process by calling 1-888-5-OPT-OUT. Consumers can chose to stay on the list for two years or permanently, and have the option of reversing that decision if they change their minds.

There is no way to stop all junk mail, but this step can eliminate offers from companies that use the credit reporting agencies.

If you have any other questions regarding the OPT-OUT option or other credit issues, please go to Managing Credit & Debt or call our consumer hotline at 617-973-8787 or 888-283-3757.