HERE'S THE EXPLANATION FOR OPTING OUT.
We have had good success with clients doing this, but please understand it's not a 100% guarantee that it will work.
OPT OUT is the borrower calling Credco Credit Bureau's automated phone line OPTING OUT of any future credit solicitations.
It will diminish the junk mail they receive and since they are getting fewer offers they are less likely to get more debt. It's silly really but effective so far. The borrower has to make the call to 888-567-8688.
We have had customer's do it, and re-pulled their credit about 10 days later and their scores were up over 30 points. It was awesome. If the borrower feels they have to OPT IN again they can call the number back after closing and get on all the mailing lists again...score might drop back down though.
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