Have you ever applied for credit and then found yourself inundated with spam calls from other lenders with credit offers?
In mortgage industry terms, you’ve become a “trigger lead”.
A trigger lead happens when someone applies for a home loan, and the 3 major credit reporting agencies sell your information to as many lenders as possible.
Some clients report getting as many as 50 unsolicited phone calls in a week!
The good news is… you do have rights as a consumer, and you can put a stop to privacy issues and harassment.
AND, just as importantly, we want you to know that your favorite lender is NOT the reason this happens!
How to Opt-Out of Harassment & In for Privacy
The best way to guarantee your privacy and opt out of trigger lead phone calls is to visit OptOutPrescreen.com.
Look for this button on the home page:
IMPORTANT!
We recommend you select the 5-year option because it takes place within 5 days.
The lifetime option sounds tempting, but it takes significantly longer and requires additional paperwork.
Our suggestion: choose the 5-year option today. Then, go back and choose the lifetime option later.
Final Words
If you choose the 5-year opt-out before applying for a home loan, you should not get the trigger lead pressure. We don’t want you to have that experience when applying for a home loan, or any other time for that matter.
We highly encourage you to exercise your rights as a consumer. The service is free, and takes less than 5 minutes!