Can a Tax Refund Help You Build Better Credit?
Learn how to use your tax refund to improve your credit score with these strategic financial tips. Boost your financial health and achieve your credit goals.
Published May 20, 2011
Credit Card Question: I keep getting credit card offers in the mail and I don't need a new card right now. How do I make it stop?
Answer: More and more people are asking this question. Mail solicitations have gone way up, so that's why folks are starting to get wary. If you're not in the market for a new credit card offer, it's really just junk mail to you.
The Federal Trade Commission presents several ways to get away from these offers. You can opt out for five years by calling 1-800-5-OPT-OUT or by visiting OptOutPrescreen.com, which is the official consumer credit reporting industry website that's set up for processing these requests.
You also get the choice of opting out permanently. Go to OptOutPrescreen.com to begin the process. You'll have to mail in a Permanent Opt-Out Election form that's available on the website.
If you don't want to opt out via the Internet, you can also send a written request to each of the major credit bureaus: Equifax, Experian and TransUnion.
[Credit Card Reviews: Credit Cards with Really Low APRs]
Image: Josh McGinn, via Flickr.com
Learn how to use your tax refund to improve your credit score with these strategic financial tips. Boost your financial health and achieve your credit goals.
Take control of your financial health and strengthen your money relationship with practical tips to improve your credit score and set financial goals today.
A clear, step-by-step guide on what bad credit means, how negative items affect you, and what actions actually help improve your credit.