Build better credit
debt
9 myths on how to build better credit

Build Better Credit » 9 myths on how to build better credit

Opting out of credit card offers will help
Next
Slide 2 of 10
Back
Opting out of credit card offers will help your credit score

Many consumers assume if they opt out of credit card offers, there will be fewer credit inquiries on their credit reports, says John Ulzheimer, president of consumer education at SmartCredit.com. However, those inquiries are considered "soft" inquiries and don't affect your credit score, Ulzheimer says. You can keep the offers coming if you'd like, but doing so won't help you build better credit.

If you want to opt out of offers to reduce your junk mail, call toll free (888) 5-OPT-OUT / (888) 567-8688), or visit OptOutPrescreen.com to remove your name from the credit reporting agency lists for unsolicited credit and insurance offers. That will remove your name for five years.

To keep your name off the list, mail in the permanent opt-out election form available on the website. Consumers can also opt in on the website if they've already opted out.


 

 

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
CREDIT CARD WEEKLY NEWSLETTER

Get advice for managing credit cards, building your credit history and improving your credit score. Delivered weekly.

Debt Adviser

When is debt off credit report?

Dear Debt Adviser, How do I find out the timeline on my debt? I know after six or seven years the debt is taken off. I would like to know if there is a way to see if it is gone. -- Mark Dear Mark, Now you see it, now... Read more

advertisement
Partner Center
advertisement

Connect with us