Opted out and the offers are heavier than ever

[Mike2006]

Hello everyone,

 

DW and I opted out at the end of October and I swear we have never had so many offers for sub-prime credit and insurance.

 

Do the CRA's have an information marketing blowout sale during the estimated 5 days for the opt out to take effect?

 

Is this normal?

 

I keep telling my wife " it will probably take a month or so for the offers to stop."

 

Has this happened to anyone else?

[ubercat]

My wife opted out two months ago, we've done some repair; she's getting mail offers. Amex yesterday. She's not an AU on my cards and she doesn't have one. Same with the pre-qual she got last week from Cap1.

Edited December 4, 2014 by ubercat

[funkiehouse]

It can take up to 6 months to see the amount slow down or stop. The issue is that many of these companies already bought your information before you opted out. It might take until the next big data buy for a specific company to update their info and see that your are opted out. All done by computer. Also if you have a past business relationship that shared your info you may still end up getting crap in the mail. Your info is in the hands of hundreds of companies.

Edited December 4, 2014 by funkiehouse

[JayB27]

It can take up to 6 months to see the amount slow down or stop. The issue is that many of these companies already bought your information before you opted out. It might take until the next big data buy for a specific company to update their info and see that your are opted out. All done by computer. Also if you have a past business relationship that shared your infer that way may still send you crap. Your info is in the hands of hundreds of companies.

+1 The purpose of an opt-out is to prevent your information from being sold going forward.

 

The sub-prime would be the toughest to shake free of course, they WANT that business.

[funkiehouse]

Personally, I will probably remain opted out forever because I don't want credit offers floating around. When and if I want or need a specific card I will go look for it. Prescreened offers with companies that I'm not already in a relationship with will rarely offer something any better than what I can call and negotiate for or find online. Companies I'm already dealing with can provide me with direct offers if there is something they are pushing. Theres too many websites, like CB, where I can find out about the latest offers.

[Mike2006]

Thanks everyone for your responses,

 

 

Personally, I will probably remain opted out forever because I don't want credit offers floating around. When and if I want or need a specific card I will go look for it. Prescreened offers with companies that I'm not already in a relationship with will rarely offer something any better than what I can call and negotiate for or find online. Companies I'm already dealing with can provide me with direct offers if there is something they are pushing. Theres too many websites, like CB, where I can find out about the latest offers.

 

I am planing to remain opted out, but it is to my understanding that you have to opt in to use a pre-qualifier. Is this correct?

 

If I have a relationship with Cap1, can the CSR still look up personal offers for me if I'm opted out?

 

I want to try to use the Chase pre-qualifier with EX on ice, it's to my understanding, the pre-qualifier will use TU. And If I leave EX on ice and follow up with the app after pre-qualifying Chase will posibly default to TU for the HP because of the pre-qualifying soft.

 

Do I have this correct?

 

Thanks in advance for your help

[ubercat]

Personally, I will probably remain opted out forever because I don't want credit offers floating around. When and if I want or need a specific card I will go look for it. Prescreened offers with companies that I'm not already in a relationship with will rarely offer something any better than what I can call and negotiate for or find online. Companies I'm already dealing with can provide me with direct offers if there is something they are pushing. Theres too many websites, like CB, where I can find out about the latest offers.

 

I'm on the verge of asking for a perm for these very reasons.

[Mike2006]

Thanks everyone for your responses,

 

 

Personally, I will probably remain opted out forever because I don't want credit offers floating around. When and if I want or need a specific card I will go look for it. Prescreened offers with companies that I'm not already in a relationship with will rarely offer something any better than what I can call and negotiate for or find online. Companies I'm already dealing with can provide me with direct offers if there is something they are pushing. Theres too many websites, like CB, where I can find out about the latest offers.

 

I am planing to remain opted out, but it is to my understanding that you have to opt in to use a pre-qualifier. Is this correct?

 

If I have a relationship with Cap1, can the CSR still look up personal offers for me if I'm opted out?

 

I want to try to use the Chase pre-qualifier with EX on ice, it's to my understanding, the pre-qualifier will use TU. And If I leave EX on ice and follow up with the app after pre-qualifying Chase will posibly default to TU for the HP because of the pre-qualifying soft.

 

Do I have this correct?

 

Thanks in advance for your help

Bump

[cv91915]

IME, Chase will pull TU if you prequal on their Web site. I have Experian frozen, and they previosly had consistently declined to pull anything else on random applications submitted other ways.

[Platystemon]

 

Thanks everyone for your responses,

 

 

Personally, I will probably remain opted out forever because I don't want credit offers floating around. When and if I want or need a specific card I will go look for it. Prescreened offers with companies that I'm not already in a relationship with will rarely offer something any better than what I can call and negotiate for or find online. Companies I'm already dealing with can provide me with direct offers if there is something they are pushing. Theres too many websites, like CB, where I can find out about the latest offers.

 

I am planing to remain opted out, but it is to my understanding that you have to opt in to use a pre-qualifier. Is this correct?

 

If I have a relationship with Cap1, can the CSR still look up personal offers for me if I'm opted out?

 

I want to try to use the Chase pre-qualifier with EX on ice, it's to my understanding, the pre-qualifier will use TU. And If I leave EX on ice and follow up with the app after pre-qualifying Chase will posibly default to TU for the HP because of the pre-qualifying soft.

 

Do I have this correct?

 

Thanks in advance for your help

Bump

 

 

Yes, that is my understanding, too.

 

I was opted out for quite a while (years) and then opted back in, around July. It took a while to get pre-quals, but eventually I did.

From what I've read - and assimilated from that reading - you are correct about Chase using TU for the pre-quals and the approvals on pre-qual'd offers, though there is always that pesky YMMV caveat.

 

Once I was opted back in (on all 3 CRA's), I did get Chase prequals on Freedom and Slate. I got Slate but with 2 HPs, IIRC - on TU and EX. I think I was a marginal applicant at the time, with a TU hovering around 700.

I then also got United (without a prequal) ...

 

And now I want to get Freedom (while it's got the $200 offer), but am no longer getting prequals, despite now having a TU of 725. And I should still be opted in, unless a medical dispute would have opted me out (?? doubt that). Not really sure what to do now either ...

 

So .. slight hijack there ... but I hope i somewhat sort of kind of answered your question

[Mike2006]

IME, Chase will pull TU if you prequal on their Web site. I have Experian frozen, and they previosly had consistently declined to pull anything else on random applications submitted other ways.

 

 

 

 

Thanks everyone for your responses,

 

 

Personally, I will probably remain opted out forever because I don't want credit offers floating around. When and if I want or need a specific card I will go look for it. Prescreened offers with companies that I'm not already in a relationship with will rarely offer something any better than what I can call and negotiate for or find online. Companies I'm already dealing with can provide me with direct offers if there is something they are pushing. Theres too many websites, like CB, where I can find out about the latest offers.

 

I am planing to remain opted out, but it is to my understanding that you have to opt in to use a pre-qualifier. Is this correct?

 

If I have a relationship with Cap1, can the CSR still look up personal offers for me if I'm opted out?

 

I want to try to use the Chase pre-qualifier with EX on ice, it's to my understanding, the pre-qualifier will use TU. And If I leave EX on ice and follow up with the app after pre-qualifying Chase will posibly default to TU for the HP because of the pre-qualifying soft.

 

Do I have this correct?

 

Thanks in advance for your help

Bump

 

 

Yes, that is my understanding, too.

 

I was opted out for quite a while (years) and then opted back in, around July. It took a while to get pre-quals, but eventually I did.

From what I've read - and assimilated from that reading - you are correct about Chase using TU for the pre-quals and the approvals on pre-qual'd offers, though there is always that pesky YMMV caveat.

 

Once I was opted back in (on all 3 CRA's), I did get Chase prequals on Freedom and Slate. I got Slate but with 2 HPs, IIRC - on TU and EX. I think I was a marginal applicant at the time, with a TU hovering around 700.

I then also got United (without a prequal) ...

 

And now I want to get Freedom (while it's got the $200 offer), but am no longer getting prequals, despite now having a TU of 725. And I should still be opted in, unless a medical dispute would have opted me out (?? doubt that). Not really sure what to do now either ...

 

So .. slight hijack there ... but I hope i somewhat sort of kind of answered your question

 

 

Thanks CV and Platystemon,

 

I really want a chase card and I have 31 Inq's on EX, it doesn't look good and I want to keep EX on ice for two years. I want 0 Inq's when I hit 5 years post BK and go for Amex

 

Do you have to opt-in to use the online prequalifier? or does opting in only open you up to unsolicited prequalified offers in the mail. I'd rather stay opted out, but I really want to try the prequalifying TU pull.

[Platystemon]

Yeah, I think you have to be opted-in for the pre-qual on any of those qual sites, including Chase.

 

Bummer, but could be worth it for the short term ..

[hegemony]

it can take 90 days or so. also, there are other sources used to generate ITAs and often people confuse ITAs with pre-screened offers.

[Mike2006]

it can take 90 days or so. also, there are other sources used to generate ITAs and often people confuse ITAs with pre-screened offers.

 

What is "ITA's"?

 

I tried a search, no luck

 

Thanks

[cv91915]

 

it can take 90 days or so. also, there are other sources used to generate ITAs and often people confuse ITAs with pre-screened offers.

 

What is "ITA's"?

 

I tried a search, no luck

 

Thanks

 

 

"Invitations to apply," therefore not pre-screened based on data in your credit file.