Last week we talked about what to watch for when you receive questionable mail (https://kevinbrierton.com/saturday-strategy/beware-of-homeowner-final-notice-letters/ ) and this week I want to address two important topics; Prescreenoptout.com and trigger leads.
Prescreenoptout.com provides a simple and convenient way to protect your privacy. It allows you to opt out of pre-approved credit offers from credit card companies, banks, and other financial institutions. By opting out, you can reduce the amount of unwanted mail and offers you receive, giving you more control over your personal information.
Trigger leads are generated when a credit inquiry is made on your credit report, indicating that you may be in the market for credit or a loan. This triggers companies to sell your information to lenders, who then reach out to you with loan offers. This is why you get bombarded with phone calls after you have your credit pulled. be careful who you speak with after you have your credit obtained because they may or may not be with the company you think they are with.
We want to assure you that we do NOT sell any of your information after we have pulled your credit. However, we would like to inform you that the credit bureaus keep a record of the credit inquiry, which they unfortunately sell to bidders in the form of "trigger leads." This often results in receiving numerous spam calls from online lenders. Although every bank is actively fighting against this, we currently have no control over stopping it. We understand that this can be frustrating, and we apologize for any inconvenience caused.
To help prevent this I recommend doing these 2 hacks...
Register with the Do-Not-Call Registry here: donotcall.gov
Complete the Op Out Prescreen - https://www.optoutprescreen.com/
Kevin Brierton
Branch Manager
NMLS #599873
Scottsdale, AZ
CONNECT WITH ME
kevin@kevinbrierton.com
www.kevinbrierton.com
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ABOUT KEVIN BRIERTON
I have been in mortgage banking since 2004. During this time, I have successfully helped more than 1,650 families with more than $500 Million in residential mortgages, placing me consistently among the top in the industry. I spend the 1st Friday of every month studying all of our products, guidelines, & lending criteria.
In addition, I work closely with our underwriting & secondary markets to fully understand all our mortgage products to ensure I am able to empower more families to gain homeownership. Our team of fully trained mortgage specialists has the attitude of “how can we make this loan work” rather than just assuming it won’t. Other Lenders find problems, we find solutions, and we are excited to find a solution for you & your Family!
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