On February 9, 2007, I wrote about receiving unsolicited credit offers from lenders as soon as you apply for a mortgage with another lender (Is My Mortgage Company Selling My Name?) Since then, I have spoken to a few customers who have been annoyed by the amount of offers they receive, and they want them to stop.Mark Strassmann of CBS News did a report on this topic for The Early Show in May. Take a look at the amount of harassment this one couple had to endure: "Lenders Target Home Buyers"
Remember, you can stop this from happening by opting out of this process. By opting out, you will remove your name from lists sold to other mortgage companies. Simply visit http://www.optoutprescreen.com or call 888-567-8688 to opt out. You will have to give them some personal information necessary to process your request, and you can opt out for 5 years or permanently.
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